Oil price forecast 2026 analysts tracking oil price forecast

Analysts tracking oil price forecast 2026 expect Brent crude to average $92–$98 per barrel, driven by steady OPEC+ output discipline and resilient global demand recovery. Equity investors are watching energy sector stocks as high oil prices could boost earnings for ExxonMobil, Chevron, and Saudi Aramco. Bottom line: President Trump has gotten one part of his wish: Prices at the gas pump are, on average, down. The EIA forecast in early September that retail gasoline prices would average $3.10 per gallon in 2025 , down $0.20 per gallon from last year. Prices are expected to fall even more in 2026, down to an average of $2.90 per gallon. By Gaurav Sharma , Senior Contributor. Forbes contributors publish independent expert analyses and insights. Gaurav Sharma is a London-based analyst who covers energy & ESG. Market watchers view oil price forecast 2026 as an inflation hedge, with rising prices likely to support value-oriented energy stocks over growth sectors in mixed macroeconomic conditions.