EIA significantly raises oil price forecasts for 2026-2027, with Brent crude expected to reach $78.84 per barrel in 2026.

GateNews

2026-03-10 16:07:37

Gate News reports that on March 10, the U.S. Energy Information Administration (EIA) released its Short-Term Energy Outlook on March 11, significantly raising the forecast for crude oil prices in 2026-2027. The report shows that the expected Brent crude oil (one of the international benchmarks) price in 2026 is $78.84 per barrel, up from the previous estimate of $57.69 per barrel; for 2027, it is expected to be $64.47 per barrel, up from $53.00. The forecast for WTI crude oil (the U.S. benchmark) in 2026 is $73.61 per barrel, up from $53.42; for 2027, it is expected to be $60.81 per barrel, up from $49.34.

View Original

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Comment

0/400

No comments