EIA Short-Term Energy Outlook Report: Expected Brent crude oil price of $58 per barrel and WTI crude oil price of $53.42 per barrel by 2026

The EIA Short-Term Energy Outlook report forecasts Brent crude oil prices at $58 per barrel in 2026 (previously expected to be $56 per barrel), and $53 per barrel in 2027 (previously expected to be $54 per barrel); it also forecasts WTI crude oil prices at $53.42 per barrel in 2026 (earlier expectation was $52.21 per barrel), and $49.34 per barrel in 2027 (earlier expectation was $50.36 per barrel). (Sina)

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