Energy · Press release
Joseph Grinkorn: The Next Big Short as Oil Could Fall to Under $50 a Barrel Before Year's End
Grinkorn says the market may be underpricing a fast reversal in crude as geopolitical tensions ease and global demand slows.
Key points
- Grinkorn forecasts that crude oil could fall below $50 a barrel before the end of 2026.
- If Middle East conflicts ease or diplomacy advances, the geopolitical risk premium in oil could disappear quickly.
- Slowing growth in manufacturing and consumer spending across several major economies could cut energy demand.
- Higher output from major producers, combined with softer demand, would add further downward pressure.
- He acknowledges that an escalation or production cuts could lift prices for a time, but sees the balance of risk to the downside.
“Markets may rapidly reprice oil.”
Original release
This is a summary of a press release issued by Morris Group and published by King Newswire · Daily Tribune on May 16, 2026. Figures are as stated in the original release.
Read the full releaseViews expressed are those of Joseph Grinkorn, are forward-looking, and do not constitute investment advice or an offer to buy or sell any security.
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