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World Bank projects Brent oil prices to fall to $79 per barrel in 2027

The World Bank projects Brent crude oil prices to decline to an average of $79 per barrel in 2027, down from $91 per barrel in 2026, as rising global supplies are expected to ease market tightness.

  • Brent oil prices projected to fall to $79 per barrel in 2027
  • Global oil supplies to increase, alleviating market tightness
  • Global energy prices to rise 32% in 2026, then decline 12% in 2027

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