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EIA lowers price forecasts for US and Brent crude oil for this year and next

2026-07-07 16:05

Odaily Planet Daily News EIA Short-Term Energy Outlook Report: It expects WTI crude oil price to be $76.26 per barrel in 2026, compared to a previous forecast of $88.32 per barrel. It expects WTI crude oil price to be $60.76 per barrel in 2027, compared to a previous forecast of $74.39 per barrel. It expects Brent crude oil price to be $81.91 per barrel in 2026, compared to a previous forecast of $95.39 per barrel. It expects Brent crude oil price to be $64.76 per barrel in 2027, compared to a previous forecast of $79.39 per barrel. (Jin Shi)