After a month where every geopolitical bet fizzled, the oil market enters December searching for its next catalyst. 2026 Forecasts Slide to $62 as Oversupply Clouds Outlook - The oil markets are increasingly forming a consensus view on 2026 prices, with a Reuters survey of analysts and economists yielding a $62 per barrel average for next year, a whopping $10 per barrel lower than their initial 2026 predictions.- The IEA’s expectations of a 4.2 million b/d oversupply is the most extreme outlook, perhaps overtly biased; however, even the most…