Brent Seen by UBS Dropping Near $30 Before 2016 Market Rebalance

  • Commodity prices may fall another 10% on oversupplied markets
  • Crude poised to recover toward year-end as supplies tighten

How Will Geopolitics Impact Oil Prices?

Brent oil may decline near $30 a barrel before a reduction in U.S. output helps rebalance global markets in the second half of the year, according to UBS Group AG.

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