Natasha Kaneva

Natasha Kaneva, head of global commodities research at JPMorgan, explains the math behind oil’s upside and the $90 red line for demand destruction. She discusses Gulf export risks, why reopening the Strait matters, China’s energy self-sufficiency push, and tips for booking summer travel. Short, sharp takes on how supply shocks could reshape markets.

Natasha Kaneva, Head of Global Commodities Research at J.P. Morgan, discusses how recent events in Venezuela may shape global oil and gas markets. Greg Shearer, specializing in metals markets, highlights the opaque data and challenges in the Venezuelan metals sector, including gold and nickel opportunities. Otar Dgebuadze focuses on the potential of Venezuelan LNG exports and the bearish impacts on current markets. As Western investments return, oil and gold could see significant long-term supply increases, reshaping global commodity dynamics.

Natasha Kaneva, J.P. Morgan's Head of Global Commodities Research, dives into the future of oil markets. She explains why crude prices plummeted in 2025 due to oversupply and predicts a supply growth outpacing demand through 2027. With insights on global shale developments like Argentina's Vaca Muerta, she outlines significant inventory builds and price forecasts, including Brent at $58 in 2026. Natasha emphasizes that a market rebalancing will hinge more on supply adjustments than demand increases.

Meera Chandan, FX strategist focusing on currency moves amid energy shocks. Fabio Bassi, cross-asset strategist on risk assets and portfolio positioning. Nora Szentivanyi, macroeconomist on growth, inflation, and policy. Natasha Kaneva, commodities strategist on oil, shipping, and gold. They discuss oil flow-to-stock dynamics, commodity price scenarios, macro and inflation impacts, risk-asset outlooks, and FX winners and losers.

Join Bruce Kasman, Chief Global Economist at J.P. Morgan, Mislav Matejka, Head of Global Equity Strategy, and other experts as they dissect the 2026 market outlook. They discuss the impact of uneven monetary policy and the AI cycle on economies. Kasman highlights sticky inflation trends, while Matejka predicts significant equity gains driven by AI. Stephen Dulake addresses credit market dynamics amidst technological shifts, and Natasha Kaneva shares insights on bearish oil forecasts and bullish gold predictions.