Will Brent crude oil price close below $75 per barrel on December 31, 2027?

The headline suggests significant downward pressure on oil prices due to anticipation of a U.S.-Iran deal. If a deal materializes or appears imminent, prices could remain depressed. However, geopolitical factors or OPEC+ actions could provide upward support.

Implied probability (Yes)

40%

Closes

2029-08-27