EIA Raises Price Forecasts for WTI and Brent Crude for This Year and Next

Odaily News: According to the EIA's Short-Term Energy Outlook report, the price forecast for WTI crude oil in 2026 has been revised to $87.41 per barrel, up from a previous estimate of $73.61 per barrel. The forecast for WTI crude in 2027 has been revised to $72.43 per barrel, up from a previous estimate of $60.81 per barrel. The forecast for Brent crude in 2026 has been revised to $96.00 per barrel, up from a previous estimate of $78.84 per barrel. The forecast for Brent crude in 2027 has been revised to $76.09 per barrel, up from a previous estimate of $64.47 per barrel. (Jin10)