EIA significantly raises oil price forecast: Brent crude oil average price expected to reach $91 in 2026, supply disruptions exceed expectations.
On September 9, the U.S. Energy Information Administration (EIA) released its latest Short-Term Energy Outlook (STEO), significantly raising its Brent crude oil price forecasts for the next two years.
The EIA projects that the average Brent crude oil spot price will be $91 per barrel in 2026 and $74