Why JPMorgan has given up predicting what the oil markets will do next
Why now
Thesis: Oil too unpredictable even for JPMorgan to forecast
Catalyst to watch: OPEC decisions or geopolitical supply shocks
Main risk: Volatility whipsaws positioning both ways
Why it matters
JPMorgan abandoning oil forecasts underscores extreme uncertainty in crude, which itself signals elevated volatility rather than direction.
Related assets & topics
OilSources
- googlenews · news.google.com · 2026-09-25 11:00 UTC
- googlenews · news.google.com · 2026-09-25 11:00 UTC