Brent crude oil prices exceed $110 per barrel by August 2026

Given Descalzi's warning of a worsening energy crisis, geopolitical tensions, and constrained supply, Brent crude oil prices are likely to rise above $110 per barrel by August 2026. OPEC+ production cuts and rising demand in emerging markets support this trajectory.

price · Prediction Market

Implied probability (Yes)

72%

Closes

2026-08-31

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