Alternative Realities: What’s Next for Oil Prices?

Aaron Mulvihill, Global Alternatives Strategist at J.P. Morgan Asset Management, and Aga Zmigrodzka, Equity Research Analyst covering Energy and Infrastructure, discuss what’s next for oil prices. Energy markets remain on edge amid geopolitical risks and shifting demand. While short-term risk premiums are already priced in, the long-term baseline remains relatively stable—though ongoing disruptions in the Strait of Hormuz could change the picture week by week.