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PRECIOUS METALS | JPMorgan Lowers Brent Oil Outlook for Late 2026 and 2027

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2026-06-24 12:07:51
JPMorgan has lowered its outlook for Brent crude oil for the second half of 2026 and for 2027. According to Odaily, the bank expects Brent to average $86 per barrel in the third quarter of 2026 and $80 per barrel in the fourth quarter of 2026.

JPMorgan also forecast Brent at $78 per barrel by the end of 2026 and an average price of $64 per barrel in 2027.
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