Oil price forecast 2026 from Barclays suggests a trading band

Oil price forecast 2026 from Barclays suggests a trading band of $91–$97, with the possibility of demand spikes during winter months influencing seasonal cyclical patterns in energy equities. "Easing US oil field regulations, the availability of federal lands and the ‘drill baby drill’ mantra from the President do not appear to be bringing a change of strategy to this part of the oil industry ," wrote Guinness Global Investors analysts Jonathan Waghorn and Will Riley in a September strategy note. Oil Firm Seeks Federal Help to Restart California Offshore Project Oil price forecast 2026 remains a focal macro driver for global equities, with analysts highlighting its decisive role in sector rotation strategies, particularly toward energy and materials.