Brent Crude To Stay Near $100/Barrel In 2026 – JPMorgan

Multinational banking institution JPMorgan has projected that Brent crude price may stay in the low-$100s for much of 2026, even if the Strait of Hormuz reopens in June, as accelerating inventory draws and logistical bottlenecks keep the oil market tight, the bank said in a note. The bank’s revised framework assumes that the pace of […]

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