crude_oil_price_wti_forecast_week_14_2026

WTI crude is projected to drop 21.4% over the coming quarter, sliding from $89.33/bbl (29 Mar 2026) to $70.23/bbl by 21 Jun 2026 as the market shifts from a geopolitically tight narrative to one anchored in loosening physical balances, upside surprises in non‑OPEC+ supply, and persistent OPEC+ spare capacity that undermines the durability of recent cuts. Emerging inventory builds—transitioning from 2–3 mb weekly draws to net additions—signal a regime change in crude and product flows that historically drives a $10–15/bbl repricing lower, with this move skewed to the downside as elevated risk premia embedded above $85/bbl are stripped out.