EIA raises WTI and Brent crude oil price expectations for 2026 and 2027
According to the EIA Short Term Energy Outlook report, the WTI crude oil price forecast for 2026 has been raised from $76.26 per barrel to $80.88 per barrel, and the forecast for 2027 has been raised from $60.76 per barrel to $65.39 per barrel; The expected price of Brent crude oil in 2026 has been raised from $81.91 per barrel to $86.81 per barrel, and the expected price in 2027 has been raised from $64.76 per barrel to $69.39 per barrel.