Glut To Trump Geopolitics to Keep Oil Price around $60 This Year
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مدعوم بالذكاء الاصطناعيA Reuters poll of 31 economists and analysts predicts oil prices to remain stable around $60 per barrel in 2026, driven by global oversupply, despite potential geopolitical tensions.
Market impact analysis based on neutral sentiment with 85% confidence.
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The global oversupply is set to override geopolitical flare-ups this year, keeping oil prices close to the $60 per barrel mark, the monthly Reuters poll showed on Friday. Brent Crude prices are expected to average $62.02 per barrel in 2026, according to 31 economists and analysts surveyed by Reuters in January. This month’s estimate for the average Brent price this year is higher compared to the December forecast of $61.27. The analysts in the poll expect the U.S. benchmark, WTI Crude, to average $58.72 per barrel in 2026, slightly above…
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