Rabobank strategists Joe DeLaura and Florence Schmit have kept their Brent Oil price forecasts steady for the third and fourth quarters of 2026. According to FX Street, they expect Brent to trade at $80 per barrel in Q3 2026, followed by a slight decline to $78 per barrel in Q4 2026.

This forecast reflects a cautious but stable outlook for the commodity amid evolving global energy dynamics. Rabobank’s maintained price projections suggest a balance between supply constraints and demand considerations as the market looks toward 2026.

For Japanese investors, these forecasts are significant given Japan’s reliance on oil imports and the impact of Brent prices on energy costs, foreign exchange rates, and broader equity market sentiment.