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Standard Chartered Bucks Bearish Trend, Forecasts Oil Price Gains in 2026

We are in the final rounds of the third quarter, and the energy markets remain lukewarm amid landmarks. Brent raw delivery was traded in November at $ 69.45 a barrel at 8.45 in the morning on Friday, or more than $ 10/barrel less than this year’s summit at approximately 81/BBL, while WTI crude was changing his hands at $ 65.05 a barrel compared to January of 78.71 dollars a barrel. Oil prices were mostly traded ~ 15/BBL in 2025 compared to the previous year, due primarily to excessive fears of the supply due to OPEC+ speeding up the discounts in production, as well as slow global economic growth and the increasing commercial tensions that suppressed the demand for oil, which led to a large global offer. Increasing production from non -OPEC+ countries also contributed to the accumulation of oil stocks. Recently, Wall Street warns that oil markets may face a surplus soon, which leads to more pressure on actually depressed oil prices. For intelligence, Goldman Sachs expected that oil markets could be increased by 1.9 million barrels/D in 2026 amid production discounts, OPEC or OPEC in production in two Americans. Wall Street now believes that oil prices are drowned to $ 50 a barrel next year, which increases this year.

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In a sharp contradiction, Standard Chartard commodity analysts expected that oil prices will rise next year driven by strong demand and a set of economic stimulus measures.

Stanchart notes that the United States has reached the highest level ever in the current year, but it is expected that the producers will be forced to reduce production due to the dominant oil prices. On the side of demand, the weakest global demand expectations in the last quarter of the year are likely to lead to commercial wars and definitions, on a set of economic stimulation in the form of price cuts in the United States and the possibility of China’s response to a set of measures. Moreover, the targeted attacks of Ukraine were forced into Russian energy infrastructure Russia to cut the filter filter and increase raw exports. According to Stancart, ship tracking data indicates that Russia’s raw exports by sea jumped to a height of 16 months at 3.62 million barrels per day (MB/D) in August. Analysts note that the Ukrainian attacks have also focused on both pipelines and export stations, which would pressure crude downloads more if they become sufficiently important to stop the flows for long periods. Meanwhile, the escalation of the tensions that reveal between Europe and Russia are likely to increase the risk allowance on crude oil and natural gas.

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2025-09-28 23:00:00

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