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U.S. Department of Energy Raises Oil Price Forecast

Summary by News-pravda.com
U.S. Department of Energy raises oil price forecastThe U.S. Department of Energy's Energy Information Administration has raised its forecast for the average price of Brent crude oil for 2026 to $96.32 per barrel. A decrease to 83.74 dollars is...

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The U.S. Department of Energy dramatically increased the projected average value of Brent oil by 5.83% in 2026, to $96.32 per barrel. The U.S. Ministry of Energy increased the forecast of the average value of Brent oil in 2026, from $91.01 to $96.32 per barrel. According to the Ministry ' s Energy Information Authority (EIA) report, the agency expects the average price of Brent to be $83.74 per barrel in 2027. According to the U.S. newspape…

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The U.S. Minerals again significantly increased the Brent oil forecast by 2026: from $91.0 to $96.32 per barrel, according to the agency's monthly energy information office (EIA) forecast. "Despite the expected increase in oil production and supplies from the Middle East, we have increased the forecast for world oil prices compared to last month.

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The U.S. Department of Energy has again increased the forecast of the average value of Brent oil in 2026. Now the agency is expecting a price of $96.32 per barrel. The previous estimate was $91.01 per barrel. Thus, the forecast was increased by about 5.8 per cent.

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The U.S. Energy Information Authority (EIA) has increased the forecast of the current year ' s average price of North Sea Brent oil to $96.32 per... ~ 06.10.2026, PRIM

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Interfax.ru broke the news on Tuesday, October 6, 2026.
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