No compatible actions for datasets yet
Forecasts for Crude Oil Price (WTI) with 12-period horizon (weekly)
WTI crude is poised to ease about 4.7% over the next twelve weeks, slipping from $66.36 on 1 March 2026 to roughly $63.24 by 24 May 2026 as the market shifts from tightness toward mild oversupply. Incrementally stronger non-OPEC supply, softening OPEC+ discipline, and slowing—but still positive—demand growth combine to push global liquids supply ahead of consumption by 0.2–0.4 mb/d, capping upside and biasing prices modestly lower rather than triggering a sharp selloff.