UBS Global Research sees oil price forecast 2026 at $96 per barrel, supported by robust fuel consumption patterns, creating favorable conditions for high beta oil exploration and production stocks. “The unpredictable nature of the Trump administration’s domestic and foreign policy has created uncertainty amongst oil market forecasters and impacted supply and demand expectations,” they noted. Solar Could Help Iraq Boost Oil Exports by 250,000 Bpd Oil price forecast 2026 from Refinitiv points to resilience against macro shocks, suggesting that hedging strategies in oil futures could protect portfolios amid expected Federal Reserve policy shifts.