Markets
Thursday, 6/25, 11:42 PM
Could Oil Fall Below $50? The Scenario If OPEC Loses Its Grip
- Brent crude has slid back to around $74 a barrel as the Iran war premium unwinds and a 2026 supply glut looms.
- Some analysts argue that if OPEC+ producers abandon their output discipline — with Iraq even threatening to quit — oil could fall toward, or below, $50.
- It's a scenario, not a forecast.