BRIEF-JP Morgan Lowers Brent Oil Outlook For 2H26 And 2027

- JP MORGAN:

  • LOWERS BRENT OIL OUTLOOK FOR 2H26 AND 2027

  • FORECASTS BRENT AVERAGING $86/BBL IN 3Q26 AND $80 IN 4Q26, EXITING 2026 AT $78, AND AVERAGING $64 IN 2027