Oil to Average $65 in 2026 as Supply Growth Ahead of Demand
Oil Market Outlook for 2026
Oil prices are expected to average $65 in 2026, according to a recent report by Investing.com [4]. This prediction is based on the anticipated growth in oil supply, which is expected to outpace demand.
Supply Growth Ahead of Demand
The report highlights that the increase in oil supply is driven by the growth in production from major oil-producing countries, including the United States, Saudi Arabia, and Russia. This growth in supply is expected to lead to a surplus in the oil market, resulting in lower prices.
Impact on Oil Prices
The average oil price of $65 in 2026 is expected to have a significant impact on the global economy. Lower oil prices can lead to increased economic activity, as consumers have more disposable income to spend on other goods and services. However, it can also lead to a decline in investment in the oil industry, as companies may be less inclined to invest in new projects.
Conclusion
The outlook for the oil market in 2026 is expected to be driven by the growth in supply, which is expected to outpace demand. This is likely to lead to lower oil prices, which can have a significant impact on the global economy.
Sources
[1] Why UBS says 2026 will be a transition year for oil markets?
[2] Is the UK consensus wrong for 2026? Capital Economics highlights four risks
[3] Chain4Coins: Efficient Operations in the Markets
[4] Oil to average $65 in 2026 as supply growth ahead of demand
[5] Is Europe’s 2026 outlook resilient or held back by structural rigidities?
[6] AI is helping recruiters find ‘hidden gem’ talent — a senior LinkedIn exec shares top tips to stand out
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