Market News
Wall Street Sees Modest Oil Price Decline Next Year on Surplus - BLOOMBERG
Oil prices have had their worst year since the pandemic, and Wall Street believes the selling isn’t over.
Brent crude futures — trading near $62 a barrel — will slip further in 2026 to about $59, according to the average of forecasts from Bank of America Corp., Citigroup Inc., Goldman Sachs Group Inc., JPMorgan Chase & Co. and Morgan Stanley. The international benchmark is down 17% this year.
