Oil prices to fall further in 2026; Fitch forecasts

Friday, 09 January 2026

Rating agency Fitch is expecting oil prices to fall further in 2026 from 2025 levels as OPEC+ countries are re-capturing market share. North American E&P companies are consequently focussed on consolidation and cost cutting to manage the impact weak oil prices, analysts noted, warning Capex cuts are on the cards.


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