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JPMorgan’s Ward Says Oil Could Become a Huge Tailwind for Stocks

JPMorgan’s Ward Says Oil Could Become a Huge Tailwind for Stocks
Bloomberg Markets Monday 15 June 2026, 11:22 UTC By Rivaldo Jantjies, Francine Lacqua 1 min read
Key Points

JPMorgan’s Ward Says Oil Could Become a Huge Tailwind for Stocks Tumbling oil prices could become a powerful impetus for equities by reigniting a broadening of the rally that was abruptly derailed by the outbreak of the Iran conflict, according to Karen Ward from JPMorgan Chase & Co. Oil could fall to $70 a barrel in the coming weeks as the emerging US-Iran agreement unlocks frozen assets and adds supply to global markets, said Ward, EMEA chief market strategist at JPMorgan Asset Management....

JPMorgan’s Ward Says Oil Could Become a Huge Tailwind for Stocks Tumbling oil prices could become a powerful impetus for equities by reigniting a broadening of the rally that was abruptly derailed by the outbreak of the Iran conflict, according to Karen Ward from JPMorgan Chase & Co. Oil could fall to $70 a barrel in the coming weeks as the emerging US-Iran agreement unlocks frozen assets and adds supply to global markets, said Ward, EMEA chief market strategist at JPMorgan Asset Management. The potential supply increase extends beyond Iran, she added, as OPEC cohesion weakens and Gulf states potentially seek to monetize reserves at current prices.
JPMorgan (ORG) Ward Says Oil (ORG) Iran (LOCATION) Karen Ward (PERSON) JPMorgan Chase & Co. Oil (ORG) US (LOCATION) Ward (PERSON) EMEA (ORG) JPMorgan Asset Management (ORG) OPEC (ORG) Gulf (LOCATION)
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