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Brent oil could reach $120-$125 as supply tightens, analyst says

A Sparta Oil analyst forecasts Brent crude could rise to $120-$125 as supply tightens, with demand destruction possible at current levels. This is a market projection rather than a reported price move.

By DoomRadar · Published on DoomRadar .

Why it matters

A sharp oil-price increase could raise transport and energy costs and worsen inflation across importing economies.

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  1. Brent may hit USD 120-125 as supply tightens; demand destruction possible at current levels: Sparta Oil analyst ↗asiabulletin.com · Recorded source date: Sep 16, 2026, 2:32 PM UTC

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EARLIER READING

Brent crude approaches $110 as Saudi damage and Iran blockade worsen supply fears

Brent crude is reported near $110 as damage to Saudi infrastructure and an Iran blockade deepen concerns about global oil supplies. India's crude basket has reportedly reached $128.80, with inflationary effects expected to intensify in Russia and elsewhere.

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