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Crude Oil Falls as EIA Forecasts Larger Global Oil Surplus
September WTI crude oil (CLU25 ) on Tuesday closed down -0.79 (-1.24%), and September RBOB gasoline (RBU25 ) closed down -0.0022 (-0.11%). Crude oil prices on Tuesday fell on the possibility of progress at the Trump-Putin summit in Alaska on Friday regarding the Russia-Ukraine war,
The Energy Information Administration forecast that oil prices will dip below $60 per barrel this year, putting the Trump ...
Midland Reporter-Telegram on MSN2d
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 ...
A new federal forecast projects that U.S. crude production will fall next year along with global benchmark oil prices.
The U.S. Energy Information Administration cut its Brent spot average crude oil price forecast for 2025 and 2026 in its latest short term energy outlook.
The U.S. Energy Information Administration on Tuesday forecast Brent crude oil spot prices will average less than $60 per ...
The Energy Information Administration predicts a significant drop in global oil prices, with Brent crude falling from $71 to ...
Brent crude prices are on track for a sharp decline in the coming months, with the U.S. Energy Information Administration ...
Oil prices dipped on Tuesday as traders awaited an inventory report from the U.S. Energy Information Administration and began ...
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