EIA Raises Oil Price Forecasts as Iran War Tightens Global Markets
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18 Articles
US EIA Raises Q4 Oil Price Forecast to USD 105 Amid Middle East Supply Risks, Diesel Market Tightness
Get latest articles and stories on Business at LatestLY. The US Energy Information Administration (EIA) has raised its forecast for Brent crude oil prices for the fourth quarter of 2026 to an average of USD 105 per barrel, citing continued constraints on Middle East oil flows, attacks on energy infrastructure and tight diesel markets. Business News | US EIA Raises Q4 Oil Price Forecast to USD 105 Amid Middle East Supply Risks, Diesel Market Tigh…
The Economic Times
Times of IndiaEIA raises oil price forecasts as Iran war tightens global markets
The EIA raised its oil price forecasts, citing tight global inventories, limited diesel supplies and ongoing Middle East supply risks. Brent crude is expected to average $105 per barrel in Q4 2026 and $84 in 2027. Recovering Gulf exports and record U.S. production may ease supply pressures next year, though geopolitical risks remain.
The U.S. Department of Energy dramatically increased the projected average value of Brent oil by 5.83% in 2026, to $96.32 per barrel. The U.S. Ministry of Energy increased the forecast of the average value of Brent oil in 2026, from $91.01 to $96.32 per barrel. According to the Ministry ' s Energy Information Authority (EIA) report, the agency expects the average price of Brent to be $83.74 per barrel in 2027. According to the U.S. newspape…
The U.S. Minerals again significantly increased the Brent oil forecast by 2026: from $91.0 to $96.32 per barrel, according to the agency's monthly energy information office (EIA) forecast. "Despite the expected increase in oil production and supplies from the Middle East, we have increased the forecast for world oil prices compared to last month.
EIA Raises Brent Oil Forecast to $105 for Q4 2026
The US Energy Information Administration lifted its fourth-quarter Brent oil forecast to $105 a barrel in the October Short-Term Energy Outlook published on 6 October, a $14 increase on the September edition. The agency now sees Brent averaging $96 across 2026 as a whole. Then it steps back down. The same Brent oil forecast puts 2027 at $84 a barrel, roughly $21 below the figure the agency expects for the current quarter. That gap is the documen…
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