Crude may soften to $50 per barrel by June: Report

Crude oil prices are projected to soften significantly by June 2026, potentially reaching $50 per barrel, according to SBI Research. This anticipated price drop, driven by inventory buildup and mirroring Brent crude trends, is expected to positively impact inflation and economic growth. Current Indian crude prices are already showing a downward trend.

Crude may soften to $50 per barrel by June: Report
Crude oil prices are projected to soften significantly by June 2026, potentially reaching $50 per barrel, according to SBI Research. This anticipated price drop, driven by inventory buildup and mirroring Brent crude trends, is expected to positively impact inflation and economic growth. Current Indian crude prices are already showing a downward trend.