- Since 1988, the final Fed rate hike has been followed by increases in the price of Brent crude three months later.
- In those instances, oil has returned 9% on average, according to a note from JPMorgan.
- Markets expect the Fed to raise rates one more time in May then pause.
Oil prices are poised to rally soon as the Federal Reserve is expected to pause its rate hikes, analysts at JPMorgan said.
Since 1988, the final increase in a tightening cycle has been followed by increases in the price of Brent crude three months later, returning on average 9%, according to a recent note.