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A poll of 37 economists and analysts kept 2025 oil forecasts largely unchanged, with Brent averaging $67.84 and WTI $64.61. Analysts cited rising OPEC+ output and uncertainty over US tariffs, with an August 1 deadline in focus.
Expectations of softer 2026 prices and tariff-driven demand risk point to lower energy costs ahead. Current supply risks from Ukraine and the Middle East provide some support.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
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.