Oil prices are projected to remain under pressure in 2026, as swelling supplies eclipse modest demand growth, while geopolitical risks could cap deeper losses, a Reuters poll showed on Friday. The survey of 35 economists and analysts forecast that Brent crude would average $62.23 per barrel in 2026, down from October's forecast of $63.15. The benchmark has averaged $68.80 per barrel so far in 2025, according to LSEG data. U.S. crude is projected to average $59.00 per barrel, below last month's expectation of $60.23.