US Treasury Secretary Bessent reiterates his view that oil prices will be lower in six-months, cites the market curve

Bessent's assertion about lower oil prices in six months suggests a bearish outlook that could influence market sentiment surrounding energy stocks and commodities.

Newsquawk StaffPublished 14 May 2026, 10:44 UTCOn the live feed at 10:24 UTC — 8 more headlines followed before this page went public

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10:25

US Treasury Secretary Bessent thinks incoming Fed Chair Warsh will bring an open mind to the Fed; adds that there may be one or two hot inflation numbers, followed by disinflation

10:25

US President Trump says it has been a fantastic day; had extremely positive and productive meetings; things discussed are good for China and the US; Invites Chinese President Xi to the White House for September 24th

10:24

US Treasury Secretary Bessent reiterates his view that oil prices will be lower in six-months, cites the market curve

10:22

US Treasury Secretary Bessent, on un-tariffing Chinese trade, says the idea is to start with USD 30bln

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UK regulator CMA is investigating Microsoft’s (MSFT) position in business software, including products used by UK organisations, and how this affects businesses and public sector bodies

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Context

This type of guidance often reflects broader economic expectations, which can have implications for inflation and central bank policy. Traders should monitor how this viewpoint affects oil-related investments and the overall energy sector's performance.

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