TechFlow News, April 2: According to JINSHI Data, United Overseas Bank (UOB) analysts stated in a report that Brent crude oil prices are expected to remain around USD 100 per barrel in the short term before gradually declining. The Middle East conflict remains highly uncertain and volatile, despite Trump’s statement expressing his desire to end the war within two to three weeks. A key concern is the continued closure of the Strait of Hormuz, along with attacks and damage inflicted on various energy infrastructure facilities in the region. UOB maintains its forecast that Brent crude will trade at USD 110 per barrel in Q2, USD 100 per barrel in Q3, USD 90 per barrel in Q4, and USD 90 per barrel in Q1 2027.
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