JPMorgan Lowers Brent Crude Price Forecast for Second Half of 2026
JPMorgan revised its second-half 2026 Brent crude price forecast downward, citing weaker-than-expected OECD inventory draws and larger demand losses. The bank now expects an average of $86 per barrel in Q3 and $80 in Q4, with prices ending the year at $78.
Tickers: $JPM