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Brent crude price below $70 by December 2026

Resolves: Front-month Brent crude futures settle below $70 per barrel on at least 5 trading days in December 2026, as reported by ICE or Bloomberg price feeds.

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Brent crude price below $70 by December 2026

Market overview

Brent crude oil prices will fall below $70 per barrel by December 31, 2026, due to increased OPEC+ supply, weak Chinese demand, and sustained global inventory accumulation. Analysts cite OPEC+'s output hikes and Iran's struggle to market inventories as key drivers.

price prediction market

Implied probability (Yes)
68%
Closes
2026-12-31

About this prediction

Resolution criteria

Front-month Brent crude futures settle below $70 per barrel on at least 5 trading days in December 2026, as reported by ICE or Bloomberg price feeds.

Source: user-generated

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