JPMorgan refers to “oil vigilant” as a concept that indicates that when calls and prices of oil fall, the OPEC alliance will hit the market and increase prices, noting that the Bloomberg panel at the international energy event at the end of February showed that nearly 20% of respondents identified OPEC decisions this year. The fair value model suggests that current Brent prices, which are at a low $ 70, are about $ 6 underestimated, and JPMorgan still expects to recover Brent prices over the next few months to a middle to 70 years before immersed below $ 70 and end the year of $ 60 per barrel. The view of the company in 2026 “remains bearish”, with a significant excess since 2025, which dates back to the following year, writes Natasha Kaneva, who by the end of 2026 sees this dynamic reduction of Brent prices to $ 50 high.
Published first Thefly -CONSIDE SOURCE FOR THE MOST MOVES MOVING PROTECTION MESSAGE IN REAL TIME. Try now >>
Check out the best stocks of the recommended analysts >>
Read more about USO:
Questions or comments on the article? Write to editor@topranks.com
