15 April | Oil

Analysts expect oil prices to continue falling under the current US administration's policies

Analysts expect oil prices to continue falling under the current US administration's policies

According to JPMorgan experts, the current policy of the Trump administration may lead to a significant decline in oil prices. Meanwhile, the government is expected to intervene only when the price of WTI reaches $50 per barrel.

Considering the impact of President Trump's trade policy, analysts note the negative effect that trade uncertainty has on demand, aggravated by the OPEC+ decision to increase oil production. The cost of WTI benchmark crude has already fallen below $61, having lost more than 14% since the beginning of the year, while the price of Brent is hovering around $65 per barrel.

According to Ed Hirs of the University of Houston, the 15% increase in the cost of well drilling makes it unprofitable to produce at prices below $70. As he believes, if current trends continue, US shale companies will face serious difficulties, which will lead to production cuts as early as 2026.

As a result, the energy sector of the stock market shows a significant decline, having lost all the gains of the first quarter of 2025. JPMorgan analysts forecast a further drop of WTI below $60 in August and down to $55 per barrel towards the end of the year.

Period: 14.07.2025 Expectation: 945 pips
Delayed tariff implementation may push silver to $35.650
Yesterday at 11:10 AM 39
Period: 18.07.2025 Expectation: 1400 pips
Weak dollar may drive S&P 500 to 6,300
Yesterday at 07:34 AM 39
Brent sell
Period: 11.07.2025 Expectation: 400 pips
Brent falls ahead of OPEC+ decisions
04 July 2025 63
Period: 18.07.2025 Expectation: 900 pips
AUDCAD is likely to keep pulling back from its monthly high
04 July 2025 48
Period: 10.07.2025 Expectation: 1200 pips
Selling USDJPY during rebound with 142.430 target
03 July 2025 64
Period: 11.07.2025 Expectation: 220 pips
Heatwaves across Europe and US support gas price recovery from recent lows
03 July 2025 245
Go to forecasts