JP Morgan Predicts Brent Crude to Fall into the $30s by FY27-End

Tuesday, Nov 25, 2025 1:59 am ET1min read
JPM--

JP Morgan predicts Brent crude oil prices could fall into the $30s by FY27-end due to a global supply glut that outpaces demand growth. The bank estimates global oil demand will rise steadily, but supply additions, particularly from non-OPEC+ producers, will overwhelm the market and weigh heavily on prices. This could benefit Indian markets, given their reliance on oil imports.

JP Morgan Predicts Brent Crude to Fall into the $30s by FY27-End

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