US Crude output to decline as prices remain soft – Commerzbank

EIA sees lower oil prices, US production - January 18, 2026

In its January Short-Term Energy Outlook, released Jan. 13, the U.S. Energy Information Administration forecast that the Brent crude oil price would average $56 per barrel this year, down from $69 per barrel last year, and drop further to $54 per barrel in 2027. U.S. crude oil production, which set...

US Crude output to decline as prices remain soft – Commerzbank

The US Energy Information Administration forecasts US Crude production to remain near 13.6 million bpd in 2026, with a gradual decline next year due to weaker drilling activity amid low Oil prices.

EIA Sees Brent Price Dropping in 2026, 2027

The U.S. Energy Information Administration projected that the Brent spot average price will drop in 2026 and 2027 in its latest short term energy outlook.