EIA lowers price forecasts for US and Brent crude for 2025 and 2026

Odaily Planet Daily News: EIA Short-Term Energy Outlook report: The 2026 WTI crude oil price is expected to be $76.26 per barrel, compared to the previous forecast of $88.32 per barrel. The 2027 WTI crude oil price is expected to be $60.76 per barrel, compared to the previous forecast of $74.39 per barrel. The 2026 Brent crude oil price is expected to be $81.91 per barrel, compared to the previous forecast of $95.39 per barrel. The 2027 Brent crude oil price is expected to be $64.76 per barrel, compared to the previous forecast of $79.39 per barrel. (Jinshi)