# Barclays cuts 2025, 2026 Brent crude forecast as OPEC+ accelerates output hikes

> Barclays cut its 2025 Brent forecast by $4 to $66 per barrel and its 2026 forecast by $2 to $60 per barrel. The bank attributed the revision to OPEC+ accelerating its output increases.

- Date: 2025-05-05 · published 2025-05-05T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/24851-barclays-cuts-2025-2026-brent-crude-forecast-as-opec-accelerates-output-hikes
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Lower crude forecasts signal cheaper energy and weaker biofuel economics, which can pressure vegetable oil and corn prices over the coming year.

## Read by commodity

- WTI: bearish ▼
- BRENT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| BRENT | 2025-04-28 | [Barclays cuts 2025 Brent crude forecast on trade tensions, OPEC+ shifts](https://feedsoft.ai/events/25323-barclays-cuts-2025-brent-crude-forecast-on-trade-tensions-opec-shifts.md) | -8.2% | -2.7% |
| BRENT | 2025-06-01 | [Oil ends at four-year lows as OPEC+ accelerates output hikes](https://feedsoft.ai/events/24839-oil-ends-at-four-year-lows-as-opec-accelerates-output-hikes.md) | +4.9% | +7.0% |
| BRENT | 2024-09-18 | [Crude oil prices today: WTI, Brent lower as Fed cuts rates](https://feedsoft.ai/events/28216-crude-oil-prices-today-wti-brent-lower-as-fed-cuts-rates.md) | +1.5% | -0.2% |
| BRENT | 2025-09-29 | [Brent Prices Retreat below $70 as OPEC+ Mulls Another Output Hike \| OilPrice.com](https://feedsoft.ai/events/23042-brent-prices-retreat-below-70-as-opec-mulls-another-output-hike-oilprice-com.md) | -7.5% | -6.8% |
| BRENT | 2025-10-01 | [Oil settles lower as investors brace for possible OPEC+ output hike](https://feedsoft.ai/events/23036-oil-settles-lower-as-investors-brace-for-possible-opec-output-hike.md) | -2.2% | -5.2% |
| WTI | 2025-06-01 | [Oil ends at four-year lows as OPEC+ accelerates output hikes](https://feedsoft.ai/events/24839-oil-ends-at-four-year-lows-as-opec-accelerates-output-hikes.md) | +6.2% | +7.6% |
| WTI | 2024-09-18 | [Crude oil prices today: WTI, Brent lower as Fed cuts rates](https://feedsoft.ai/events/28216-crude-oil-prices-today-wti-brent-lower-as-fed-cuts-rates.md) | +0.3% | -1.2% |
| WTI | 2025-09-29 | [Brent Prices Retreat below $70 as OPEC+ Mulls Another Output Hike \| OilPrice.com](https://feedsoft.ai/events/23042-brent-prices-retreat-below-70-as-opec-mulls-another-output-hike-oilprice-com.md) | -7.3% | -6.4% |

## Sources

- reuters.com: https://www.reuters.com/business/energy/barclays-cuts-2025-2026-brent-crude-forecast-opec-accelerates-output-hikes-2025-05-05/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.