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Roughly a year ago, U.S. crude was marching toward $80, but it’s been barrels down a hill since then.
Based on a recent poll of dozens of analysts and economists by Reuters, the average forecast for oil prices CL00 sits at $58 a barrel for 2026, a couple of bucks away from current levels, amid an ongoing a supply/demand imbalance.
This post was originally published on Market Watch
