neutral
Recently
Global oil prices likely under pressure from supply-demand imbalance in 2026
Oil markets are expected to face pressure in 2026 as supply outstrips demand, keeping Brent and WTI within a lower price band absent major production cuts.
Crude oil prices are forecast to remain subdued through 2026 as global production continues to outpace consumption, leading to persistent oversupply and inventory builds. Brent and WTI saw sharp declines in 2025, influenced by excess supply despite occasional geopolitical tensions. Market forecasts place average crude benchmarks toward the lower end of recent ranges, with traders watching for any shift in OPEC+ output or demand recovery cues.