Reuters Poll Forecasts Brent Crude Will Average Over Sixty Dollars in Twenty Twenty Six as Supply Surplus Offsets Risks

A January Reuters poll of 31 analysts forecasts that Brent crude will average $62.02 in 2026. Market expectations of a supply surplus are likely to hold prices near sixty dollars per barrel.

Insights:
A Reuters poll of 31 economists and analysts conducted in January forecast that Brent crude would average $62.02 per barrel in 2026. This latest projection represents a slight increase from the December forecast of $61.27. According to the poll, oil prices are likely to hold near $60 a barrel throughout the year as a projected supply surplus works to offset various geopolitical supply risks.
An oil pump jack pumps oil in a field near Calgary, Alberta, Canada, on July 21, 2014. REUTERS/Todd Korol//File Photo
An oil pump jack pumps oil in a field near Calgary, Alberta, Canada, on July 21, 2014. REUTERS/Todd Korol//File Photo
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