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A Reuters poll of 35 economists and analysts forecasts Brent crude will average $62.23 per barrel in 2026, down from $63.15 in October's survey. Brent has averaged $68.80 so far in 2025.
Expectations of a lower 2026 average reflect expected surplus supply, which weighs on diesel and energy costs that feed into freight and processing for feed producers.
reuters.comAnushree MukherjeeNov 28, 2025After 129 past bearish report events, Crude Oil (Brent) moved a median -1.3% over 5 sessions (45% higher; middle half -3.9% to +2.5%), and +0.4% 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.
