Last Updated: Jan. 7, 2026 at 9:49 a.m. ET
First Published: Jan. 7, 2026 at 6:52 a.m. ET
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, not far off current levels, amid an ongoing a supply/demand imbalance.
