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A Reuters poll of 31 economists and analysts forecast Brent averaging $85.08 a barrel and US crude $80.20 in 2026, broadly unchanged from July. Analysts expect global oil demand to shrink by 1 to 1.6 million barrels per day this year, with China's imports sharply lower.
Forecasters expect prices to stay above $80 because Gulf shipping disruption constrains supply, while weak Chinese demand caps the upside. This keeps energy costs elevated for feed production and transport.
marketscreener.comReutersAug 31, 2026After 323 past bullish macro events, Crude Oil (Brent) moved a median +0.7% over 5 sessions (58% higher; middle half -2.9% to +3.7%), and +1.3% over 20.
After 487 past bullish macro events, Crude Oil (WTI) moved a median +1.0% over 5 sessions (60% higher; middle half -2.0% to +4.0%), and +1.5% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
