[JPMorgan Lowers Brent Oil Outlook for H2 2026 and 2027] According to a report by Golden Finance, on June 24, JPMorgan lowered its outlook for Brent crude oil in the second half of 2026 and 2027. It expects the average price of Brent crude oil to be $86 per barrel in Q3 2026, $80 per barrel in Q4 2026, $78 per barrel by the end of 2026, and an average price of $64 per barrel in 2027.