EconomyUS Energy Department raises 2026 Brent price forecast to $97.44 a barrel
The US Energy Information Administration says the Energy Department raised its 2026 average Brent forecast by 1.2%, to $97.44 from $96.32 a barrel. Oil prices rose for a third straight month in October as lower global inventories, tanker attacks in the Persian Gulf, limited shipping capacity and higher transport costs tightened supply. Brent spot prices are expected near $100 at year-end, with a 2027 average of $85.78.
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TASS★★★☆☆2026-11-10 18:05Original
US Energy Department raises 2026 Brent price forecast to $97.44 a barrel