Brent Crude Oil Price Forecast

Brent Crude Oil Price Forecast Goldman Sachs projects that Brent crude oil prices will average $60/56 per barrel for the remainder of 2025, with a further decline to an annual average of $56/$52 per barrel in 2026, reflecting increased global supply from OPEC+. Image: Goldman Sachs Global Investment Research

Oil Price vs. U.S. 10-Year Breakeven Inflation Rate

Oil Price vs. U.S. 10-Year Breakeven Inflation Rate Since the 2008 global financial crisis, U.S. breakeven inflation has closely tracked crude oil prices, reflecting the significant impact of oil price fluctuations on inflation expectations and overall economic conditions. Image: Bloomberg

Brent Crude Oil Prices

Brent Crude Oil Prices Recent geopolitical tensions have led to significant fluctuations in Brent crude oil prices, marking the largest weekly increase since April, exacerbating inflation concerns as the rising energy costs ripple through the economy. Image: Deutsche Bank

Brent Oil Price

Brent Oil Price Brent crude oil prices remain high relative to their levels five years ago, before the pandemic, reflecting past inflation’s impact. Image: J.P. Morgan

Oil Prices and U.S. Recessions

Oil Prices and U.S. Recessions The elections in 2024 across highly populated countries could have significant implications for geopolitics and the global economy. Political leaders should work towards calming geopolitics to prevent a surge in oil prices. Image: BofA Global Investment Strategy

Real Oil Price and U.S. Recessions

Real Oil Price and U.S. Recessions While there has been a rebound in oil prices, they are still below the levels seen in 2022. Image: Goldman Sachs Global Investment Research

Oil Prices and Events

Oil Prices and Events Elevated oil prices can have a detrimental effect on economic activity and overall economic outcomes. Image: Real Investment Advice

Oil Prices in Yen and Euros

Oil Prices in Yen and Euros The near-term economic outlook for the Eurozone is bleak, while oil prices in euros are rising. Image: BofA Global Investment Strategy

Oil Price History

Oil Price History Despite ongoing conflicts in the Middle East, oil prices have not reached new highs, primarily due to weak demand and increased production. Image: BofA Global Investment Strategy