Analysts hike oil outlook on geopolitical risks, oversupply concerns limit upside - Reuters
Analysts hike oil outlook on geopolitical risks, oversupply concerns limit upside Reuters
Coverage by Political Leaning
See how different sides of the spectrum reported this story
Notable Quotes
"I love semiconductors. As a group, I've achieved my return targets so at this point, I have protected and locked in the gains made by these stocks since April's lows."
— Talley Lger , Executive
"I am still not happy with Iran and threatened to use force if needed to reach an accord."
— Donald Trump , Politician
"Oil prices are bloated with a decent geopolitical risk premium."
— Norbert Rucker , Executive
"A slowdown in China's strategic stockpiling would further increase the oversupply."
— Cyrus De La Rubia , Executive
"If the geopolitical risk premium remains in play by then, this may further embolden OPEC to resume output hikes."
— Zain Vawda , Other
"High prices, an economic slowdown due to trade uncertainties and a higher adoption of EVs will add downward pressure to that growth."
— Surabhi Menon , Other
"Oil prices are bloated with a decent geopolitical risk premium."
— Norbert Rucker , Executive
"A slowdown in China’s strategic stockpiling would further increase the oversupply."
— Cyrus De La Rubia , Executive
"If the geopolitical risk premium remains in play by then, this may further embolden OPEC to resume output hikes."
— Zain Vawda , Other
"High prices, an economic slowdown due to trade uncertainties and a higher adoption of EVs will add downward pressure to that growth."
— Surabhi Menon , Other
"Laid out his case for a possible attack in his State of the Union speech."
— Donald Trump , Politician
Key People
Chief economist at Hamburg Commercial Bank.
Former president of the United States known for his aggressive economic policies.
Head of economics & next generation research at Julius Baer.
Research analyst at the Economist Intelligence Unit.
Talley Lger is the chief strategist at The Wealth Consulting Group.
Analyst at MarketPulse by OANDA.
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<a href="https://news.google.com/rss/articles/CBMiyAFBVV95cUxNUG94T1Bkcll1VVJXV3RDb1NLVllvcWdIRWpJS3U2Y2w1T2VUTjY0RE02R21PemN5Wm1nOFY1eHhEX0hWUmFKMWdZSk9DbEF1UmhQMk1yWFl6VWp5Y3BMNndOZUVwUExzNU9CaFFWbkhwTUhkYnJxaC1aWlpsd2Y5S09WUzFjMEg3a0xOajktdzFiTnZzbEVGYXA4bS1nWWN3T0ZMeDZ3NmtaT1JOR1RTYlVoTGh1dkpvUlI1RmpROFptRW5DdDRwag?oc=5" target="_blank">Analysts hike oil outlook on geopolitical risks, oversupply concerns limit upside</a> <font color="#6f6f6f">Reuters</font>
Analysts have raised their oil price forecasts for 2026 due to geopolitical tensions, despite concerns that oversupply may continue to pressure the market.
A survey of 34 economists and analysts forecasts that Brent crude will average $63.85 per barrel in 2026, up from January's forecast of $62.02, amid geopolitical tensions and concerns over oversupply.
Analysts have raised their oil price forecasts for 2026 due to geopolitical tensions, despite concerns that oversupply may continue to pressure the market.
Analysts have raised their oil price forecasts for 2026 due to geopolitical tensions, despite concerns that oversupply may continue to pressure the market.

Analysts have raised their oil price forecasts for 2026 due to geopolitical tensions, despite concerns that oversupply may continue to pressure the market.
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