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US EIA forecasts crude oil to average below $60 by 2026

Summary by Offshore-technology.com
The EIA has projected a notable decrease in crude oil prices, anticipating that the global oil supply will significantly outpace the demand for petroleum products.
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3 Articles

Connaissance des ÉnergiesConnaissance des Énergies

Oil Loses Ground, Fears of Too Much Supply

Oil loses ground, fears of too much supply Admin FCE 13 Aug 2025 - 21:20 Black gold prices fell on Wednesday, hurried by the prospect of an acceleration of crude production on a world scale and by the surprise rise of oil stocks in the United States.The price of the Brent barrel of the North Sea for delivery in October, lost 0.74% to 65.63 dollars.His American equivalent, the barrel of West Texas Intermediate, for delivery in September, fell fro…

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offshore-technology.comoffshore-technology.com

US EIA forecasts crude oil to average below $60 by 2026

The EIA has projected a notable decrease in crude oil prices, anticipating that the global oil supply will significantly outpace the demand for petroleum products.

Read Full Article
Hydrocarbon EngineeringHydrocarbon Engineering

EIA expects the price of crude to fall by the end of 2025

The US Energy Information Administration (EIA) expects a significant decline in the price of oil as growth in the global supply of oil vastly surpasses growth in demand for petroleum products.

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Hydrocarbon Engineering broke the news in on Wednesday, August 13, 2025.
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