According to the EIA's Short-Term Energy Outlook report, the expected WTI crude oil price for 2026 is $88.32 per barrel, up from $85.68 per barrel; the Brent price is forecast at $95.39 per barrel, up from $94.85 per barrel. For 2027, the expected WTI and Brent prices are $74.39 and $79.39 per barrel, respectively, consistent with previous forecasts.
EIA raises 2026 crude oil price forecast to $88.32 per barrel for WTI
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Summary
Crypto price news: The U.S. Energy Information Administration (EIA) raised its 2026 WTI crude oil price forecast to $88.32 per barrel from $85.68 per barrel, according to its Short-Term Energy Outlook report. The 2026 Brent crude price forecast was also raised to $95.39 per barrel from $94.85 per barrel. The 2027 forecasts for WTI and Brent remain unchanged at $74.39 and $79.39 per barrel, respectively.
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