A major Wall Street bank just dropped a bombshell forecast: crude oil could crash below $60 per barrel in 2026. Francisco Blanch, the commodities strategist at Bank of America, points to a looming supply glut as the culprit. With production ramping up and demand growth slowing, the oil market might be headed for a rough patch. This shift could ripple through inflation expectations and reshape the macro landscape for risk assets—including crypto. Lower energy costs typically ease inflationary pressure, but they also signal weakening global demand. For traders watching both traditional and digital markets, oil's trajectory might offer early clues about where capital flows next.
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HappyToBeDumped
· 19h ago
Oil prices fall below 60? The macro environment is about to change, gotta keep a close eye on it.
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MercilessHalal
· 20h ago
Will oil prices drop below 60? Alright, another "big prophecy," let's wait and see.
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RugResistant
· 12-11 23:07
Will the oil price break $60? Alright, another "authoritative prediction," and then it'll be a face slap when proven wrong.
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MEVictim
· 12-09 16:12
Oil prices dropping below 60? That would be insanely cheap... Wait, weak demand means what, is the economy about to tank?
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GateUser-40edb63b
· 12-09 16:01
Oil prices halved? Well, this just got interesting. While inflationary pressure eases, the signal of weak demand is even more concerning.
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HodlAndChill
· 12-09 15:57
Oil prices drop to 60? What about crypto—forced to buy the dip or will it keep falling?
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SelfMadeRuggee
· 12-09 15:53
Is oil price going to break $60? Alright, yet another "big prediction." Let's just wait and see.
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DeadTrades_Walking
· 12-09 15:52
Oil prices fall below 60? Then the crypto market is bound to shake as well...
A major Wall Street bank just dropped a bombshell forecast: crude oil could crash below $60 per barrel in 2026. Francisco Blanch, the commodities strategist at Bank of America, points to a looming supply glut as the culprit. With production ramping up and demand growth slowing, the oil market might be headed for a rough patch. This shift could ripple through inflation expectations and reshape the macro landscape for risk assets—including crypto. Lower energy costs typically ease inflationary pressure, but they also signal weakening global demand. For traders watching both traditional and digital markets, oil's trajectory might offer early clues about where capital flows next.