JPMorgan Calls For Calm Amid Crude Spike, Flags 3 Energy Stocks With Upto 35% Upside

Oil may have spiked on Middle East tensions, but JPMorgan is keeping its cool — and its crude forecast in check. In its latest note, the firm reiterates a base case for Brent in the low-to-mid $60s through 2025 and flat at $60 in 2026, brushing aside geopolitical fears as largely priced in.In fact, JPM pegs Brent’s fair value at $66, suggesting the commodity sports a $10/bbl geopolitical premium when tensions escalate.Today's Best Finance DealsWhy JPMorgan Isn't Buying The Oil RallyJPMorgan has three reason ...