Crude oil price forecast 2025 price stabilization at $92/bbl could

Price stabilization at $92/bbl could lead to strong quarterly earnings in oil majors during A J.P. Morgan research note sent to Rigzone on September 11 by Natasha Kaneva, head of global commodities strategy at the company, showed that J.P. Morgan expected the Brent crude price to average $66 per barrel in 2025 and $58 per barrel in 2026. In that note, J.P. Morgan projected that the WTI crude oil price would average $62 per barrel this year and $53 per barrel next year. West Texas Intermediate (WTI) crude oil price monthly 2023-2025 Technical chartists observe that the crude oil price forecast 2025 could form a long-term bullish breakout if Brent breaks the $100 resistance level, supported by moving average crossovers on the weekly charts.