crude_oil_price_wti_forecast_week_3_2026

WTI crude is set for a modest grind higher, with prices forecast to reach $61.23/bbl by 2026-04-12 (up 3.1% from $59.39 on 2026-01-18) as the market shifts from a fading Iran war-premium spike to a tighter—but not crisis-level—fundamental balance. Rather than a new bull trend, this move reflects a gradual rebuilding of a moderate geopolitical risk premium and steady underlying demand tightening, which together anchor WTI in the low-$60s over the next three months.