Fitch forecasts crude oil price to average $70 per barrel in 2026

Fitch projects crude oil prices to average $70 per barrel in 2026, but warns of a significant global supply shock if prices rise to and remain at $100 per barrel.

12 Mar, 09:11 — 12 Mar, 09:11

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myjoyonlineMixed40d ago

Crude oil price to average $70 per barrel in 2026 if… – Fitch

But an adverse scenario – in which oil prices rise to US$100/barrel and remain, it said there would be a significant global supply shock.

By Charles Nixon

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Fitch forecasts crude oil price to average $70 per barrel in 2026

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Crude oil price to average $70 per barrel in 2026 if… – Fitch

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