JPMorgan expects oil to average USD 96/bbl in 2026
JPMorgan's forecast of oil averaging USD 96 per barrel by 2026 signals a bullish outlook on energy prices, likely reflecting expected demand recovery and potential supply constraints.
The EU is reportedly mulling expanding its emissions trading system to include flights departing the bloc, FT reports citing sources
UK's Unite Union says the speech by PM Starmer was not sufficient, Huffington Post reports
JPMorgan expects oil to average USD 96/bbl in 2026
Newsquawk European Market Wrap - 11th May 2026
US Existing Home Sales MoM (Apr) M/M 0.2% (Prev. -3.6%)
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This anticipated price level could have significant implications for inflation, FX rates, and energy-related sectors, stirring interest in commodities and impacting related currencies.
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