Crude Oil on the Rise: JPMorgan Predicts a Surge to $150 per Barrel Amidst Global 'Energy Supercycle'

Christyan Malek, the lead for EMEA energy equity research at JPMorgan, predicts that by 2026, crude oil prices could soar to $150 a barrel. Malek believes a looming energy supercycle could be the driving force pushing crude prices upward. Another significant factor, Malek points out, is the “institutional and policy-led pressures” hastening the shift from […]