Brent crude to stay sticky near-term before softening in 2027 on supply recovery: ICICI Bank Research

New Delhi [India], June 21 (ANI): Brent crude is likely to hold in a USD 75-85/bbl band through the second half of 2026 as physical markets remain tight on pent-up demand and inventory replenishment, before shifting to a downside bias in 2027 when supply picks up sharply, ICICI Bank Research said in a research report. ICICI Bank Research expects 2026 to remain supply-deficient while 2027 swings to surplus.