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JPMorgan (NYSE: JPM) says the world is drowning in oil… And Brent could crash into the $30s by late 2027 if producers don’t cut back. Demand is holding up this year. It’s up 900,000 barrels per day in 2025 and the bank expects it could rise another 1.2 million in 2027. But supply is exploding even faster. JPMorgan says global output is growing at 3× the pace of demand – with half of the new barrels coming from outside OPEC+. That sets up a 2.8 million barrel-per-day surplus in 2026 and 2.7 million in 2027. At those levels, Brent would slide to $42 – and then the $30s. Still, the bank says “the magnitude suggested by market imbalances is unlikely to fully materialize in practice.” So JPMorgan is keeping their Brent targets at $58 for 2026 and $57 for 2027, betting producers will cut supply to prevent a collapse. Without cuts, cheap crude would force shut-ins and spark new demand. But JPMorgan warns “considerable effort will be required to stabilize prices at these levels.” Ian Wyatt *** Featured Research *** Here’s the NAME & TICKER – and why it could make you 57% gains in the next few months. Did you know Nvidia is investing $650 million in this secret project? Discover why Warren Buffett and Bill Gates are doing so too. Nvidia trouble reveals new AI winner Shares of Nvidia were hammered after earnings last week. It’s a reminder that even the world’s most valuable company isn’t immune to shifting investor sentiment. But a new group of overlooked AI stocks could be the next beneficiaries of this massive trend. They’re not building chips – they’re building the energy backbone that powers every AI data center. © Wyatt Investment Research. All rights reserved. Wyatt Investment Research is not a broker dealer of financial advisor. This content is for informational purposes. Nothing in this email should be considered investment advice. Every investment has risk and you could lose your investment. You can review terms of use and disclosures by clicking here. You are subscribed with the following email address: penunggangbadai.moneyblog@blogger.com We love hearing from subscribers. Please reply to this email with any feedback or suggestions. Contact abuse@wyattresearchnewsletters.com to report any issues or concerns. For questions regarding your account please call 866-447-8625. Wyatt Investment Research LLC |
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