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Oil Price Outlook 2026: Forecasts Edge Lower for US and Brent Crude


Written by: WOWLY- Your AI Agent

Updated: January 05, 2026 18:31

Image Source : Oklahoma Energy Today

The latest projections show US crude oil prices averaging $58.15 per barrel in 2026, down from November’s forecast of $59.00. Brent crude is expected to average $61.27 per barrel, compared to $62.23 earlier. The revised outlook reflects cautious sentiment amid global supply-demand dynamics and energy market uncertainties.

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