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The Energy Information Administration forecast that oil prices will dip below $60 per barrel this year, putting the Trump ...
Midland Reporter-Telegram on MSN11h
EIA forecast: WTI prices will drop below $50 in 2026 as supply surges
In its August Short-Term Energy Outlook, the agency expects the Brent crude spot price — the global benchmark — to average ...
Offshore Technology on MSN20h
US EIA forecasts crude oil to average below $60 by 2026
The EIA forecasts in its August Short-Term Energy Outlook (STEO) that the Brent crude oil spot price will average less than ...
Crude oil inventories in the United States increased by 3.0 million barrels during the week ending August 8, after dropping ...
A new federal forecast projects that U.S. crude production will fall next year along with global benchmark oil prices.
The Energy Information Administration predicts a significant drop in global oil prices, with Brent crude falling from $71 to ...
September WTI crude oil (CLU25 ) on Tuesday closed down -0.79 (-1.24%), and September RBOB gasoline (RBU25 ) closed down ...
"The price forecast is driven largely by more oil inventory builds following OPEC+ members' decision to accelerate the pace of production increases," the EIA said. It predicts global inventory builds ...
Brent crude prices are on track for a sharp decline in the coming months, with the U.S. Energy Information Administration (EIA) now forecasting prices to fall from $71 per barrel in July to an average ...
Oil prices edged lower after the IEA raised its global supply forecast, signaling a bigger surplus ahead.
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