Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Promotions
AI
Gate AI
Your all-in-one conversational AI partner
Gate AI Bot
Use Gate AI directly in your social App
GateClaw
Gate Blue Lobster, ready to go
Gate for AI Agent
AI infrastructure, Gate MCP, Skills, and CLI
Gate Skills Hub
10K+ Skills
From office tasks to trading, the all-in-one skill hub makes AI even more useful.
GateRouter
Smartly choose from 30+ AI models, with 0% extra fees
The S&P significantly raises oil price expectations; only sustained high levels in the long term can improve the global supply and demand balance.
BlockBeats News, April 30 — S&P has announced that it has raised its price expectations for WTI and Brent crude oil for the remaining period in 2026 by $15 per barrel, and by $5 per barrel for 2027. The latest forecasts show a target price of $95 per barrel for WTI crude oil in 2026 and $100 per barrel for Brent crude oil.
S&P attributes this upward adjustment to two main factors: first, the ongoing escalation of oil supply disruptions; second, the geopolitical risk premium driven up by the deadlock in US-Iran nuclear negotiations.
Regarding the outlook for the Strait of Hormuz, S&P is cautious in its wording — even if the strait fully reopens, oil flows may only gradually recover, and any reopening scenario will be relatively fragile and susceptible to intermittent disruptions.
S&P also points out that current oil prices need to rise further or remain high for a long period to effectively curb demand and improve the global supply-demand balance. Price assumptions for 2028 and beyond remain unchanged for now.