EIA raises its forecast for WTI and Brent crude oil prices for the next two years, covering this year and next year as well

GateNews

2026-04-07 16:31:27

Gate News message: On April 7, the U.S. Energy Information Administration (EIA) released its Short-Term Energy Outlook report, raising its forecasts for crude oil prices for 2026 and 2027. It expects 2026 WTI crude oil (West Texas Intermediate) to average $87.41 per barrel, up from the prior forecast of $73.61 per barrel; it expects 2027 WTI crude oil prices to be $72.43 per barrel, up from the prior forecast of $60.81 per barrel. It expects 2026 Brent crude (the international benchmark) to average $96.00 per barrel, up from the prior forecast of $78.84 per barrel; it expects 2027 Brent crude prices to be $76.09 per barrel, up from the prior forecast of $64.47 per barrel.

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