Rabobank lowers its Q3 Brent price forecast to USD 79/bbl (from USD 103/bbl), and Q4 to USD 78/bbl (from USD 93/bbl); sees Brent averaging USD 74.50/bbl in 2027, and USD 71/bbl in 2028
"Sources indicate that the Iranian Foreign Minister [Araqchi] will hold separate talks with Pakistani officials", Al Hadath reports
Iran's Foreign Ministry Spokesperson says defensive capabilities and missiles will never be a topic of discussion. US commitment regarding Lebanon is completely clear.
Rabobank lowers its Q3 Brent price forecast to USD 79/bbl (from USD 103/bbl), and Q4 to USD 78/bbl (from USD 93/bbl); sees Brent averaging USD 74.50/bbl in 2027, and USD 71/bbl in 2028
EU S&P Global Composite PMI Flash (Jun) 49.5 vs Exp. 49.2 (Prev. 48.5); "Most of the responses used in the calculation of the June flash PMI data were received prior to the signing of the US-Iran MoU"
EU S&P Global Services PMI Flash (Jun) 48.9 vs. Exp. 48.1 (Prev. 47.7)
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