Why oil prices may stay low in 2026 and what it means for India

Global oil prices may remain subdued in 2026 as supply continues to outpace demand, according to Atanu Mukherjee, CEO of Dastur Energy. Brent crude is expected to trade in the $50-60 range, reflecting oversupply and limited volatility. Lower prices could ease India's import bill, support inflation control, and influence refining, gas, and petrochemical strategies.