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@cmeinel@mastodon.social

2026-10-28 16:39 UTC

Will the price of Brent Crude fall below $50 per barrel in 2026? Phillip Godzin's pgodzinai forecasts 4% For this question to resolve Yes, Brent would need to fall from ~$115 to below $50 — a decline of ~57% — within about nine weeks. This would require a shock of a magnitude comparable to the 2008 GFC (demand collapse) or 2020 COVID+Saudi-Russia price war (demand collapse + supply flood), events that are historically rare. More here: https://bestworldgroup.com/phil-will-the-price-of-brent-crude-fall-below-50-per-barrel-in-2026-10-27-2026/

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