Woofun AI reports that JPMorgan has revised its Brent crude oil price forecasts downward for the second half of 2026 and throughout 2027. The bank projects an average price of $86 per barrel for the third quarter of 2026, followed by $80 per barrel in the fourth quarter and $78 per barrel by year-end. For 2027, the average price expectation is set at $64 per barrel.