The Central Bank of the Russian Federation raised the oil price forecast for 2026 from $60 to $72 per barrel.

The Central Bank of the Russian Federation raised the oil price forecast for 2026 from $60 to $72 per barrel.

The Central Bank of the Russian Federation raised its tax-adjusted oil price forecast for 2026 to $72 per barrel from $60 in the July forecast, and for 2027 to $55 from $50, according to the bank's medium-term forecast published on Friday.