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Bank of America Projects $60/BBL Brent In 2026

ReutersDec 15, 2025 3:07 PM

- Bank of America:

  • SEES BRENT AVERAGING $60/BBL IN 2026, IN NOTE DATED DEC 10

  • SEES WTI AVERAGING $57/BBL IN 2026

  • FORECASTS US HENRY HUB NATURAL GAS PRICES WILL AVERAGE $4/MMBTU IN 2026 AND FALL TO $3.75/MMBTU IN 2027

  • SAYS US GAS SUPPLY AND DEMAND GROWTH SHOULD GROW 2.5BCF/D AND 0.7BCF/D YOY IN 2026, WITH LNG EXPORTS RISING 2.4BCF/D

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