Oil Prices Face Pressure as Barclays Sees Brent at $65 in 2026

Oil prices are coming under increasing pressure as global financial institutions adopt a cautious outlook for the coming years.

Barclays has forecast that Brent crude will average around $65 per barrel in 2026, reflecting concerns over supply and demand dynamics in the global market.

According to the bank’s analysts, oil prices are influenced by several factors, including slowing economic growth in major economies, shifts in energy policies, and rising investment in alternative energy sources.

Production levels among key oil producers also remain a critical determinant.

These projections come at a time when oil prices, metals, and other commodities are showing mixed movements amid uncertainty over inflation, interest rates, and geopolitical tensions.

Analysts believe such conditions may limit strong price rebounds in the medium term.

Energy experts note that markets will need to adapt to a new reality shaped by changing demand patterns and the global energy transition, making price forecasts increasingly sensitive to economic and political developments.