EIA Lowers Price Forecasts for WTI and Brent Crude for This Year and Next
Svmuu News: EIA Short-Term Energy Outlook Report: WTI crude oil prices are projected to reach $76.26 per barrel in 2026, down from the previous forecast of $88.32 per barrel. The WTI crude oil price for 2027 is projected at $60.76 per barrel, down from the previous forecast of $74.39 per barrel. The Brent price for 2026 is projected at $81.91 per barrel, down from the previous forecast of $95.39 per barrel. The 2027 Brent price is projected at $64.76 per barrel, down from the previous forecast of $79.39 per barrel. (Jin Shi)
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