JPMorgan has downgraded its Brent crude oil price outlook for the second half of 2026 and 2027, citing weaker demand expectations. The bank now forecasts an average price of $86 per barrel for the third quarter.
JPMorgan has downgraded its Brent crude oil price outlook for the second half of 2026 and 2027, citing weaker demand expectations. The bank now forecasts an average price of $86 per barrel for the third quarter.