Will the price of Brent Crude oil close above $150 USD per barrel for any single trading day before the end of 2027?

Oil Spike: $150 Brent Crude by 2027?

Oil prices rarely stay elevated for long, but they are highly sensitive to supply shocks. This prediction asks if Brent Crude will surpass the $150 mark—a level last seen briefly during the 2008 financial crisis—before the end of 2027.

Supply Vulnerability

The majority 'Yes' vote reflects the current risk environment. With global demand remaining high and the potential for a severe, sustained geopolitical conflict (e.g., involving the Middle East, a major pipeline outage, or a major escalation of the war in Ukraine) or an unexpected, dramatic and sustained OPEC production cut, the thin global supply buffer makes a short-term price spike over $150 USD plausible.