The World Bank forecasts a 7% decline in global commodity prices for 2026. A massive global oil surplus drives this decline. Brent crude is expected to average $60 per barrel, its lowest price since 2020.
This deflationary pressure creates clear market winners, identifying airlines as primary beneficiaries. Delta Air Lines issued optimistic guidance for the first half of 2026. The carrier cites moderating jet fuel costs as a significant tailwind for profit margins, noting the World Bank forecast buffers against other rising costs.