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GlobalData on MSNUS EIA forecasts crude oil to average below $60 by 2026
The US Energy Information Administration (EIA) has projected a notable decrease in crude oil prices, anticipating that global ...
Oil prices climbed about 2% to a one-week high on Thursday after U.S. President Donald Trump warned of "severe consequences" ...
The U.S. Energy Information Administration on Tuesday forecast Brent crude oil spot prices will average less than $60 per ...
September WTI crude oil (CLU25 ) on Tuesday closed down -0.79 (-1.24%), and September RBOB gasoline (RBU25 ) closed down ...
OPEC raised its expectations for global oil demand growth next year and lowered the supply growth forecast for producers ...
The Energy Information Administration forecast that oil prices will dip below $60 per barrel this year, putting the Trump ...
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.
Brent crude prices are on track for a sharp decline in the coming months, with the U.S. Energy Information Administration ...
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.
2d
Midland Reporter-Telegram on MSNEIA 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 ...
"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 ...
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