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EIA cuts oil price expectations

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2025-08-12 16:03:16
August 13, EIA Short-Term Energy Outlook Report: The average price of Brent crude oil in 2025 is expected to be $67.22/barrel, compared with the previous forecast of $68.89/barrel; the 2026 forecast is $51.43/barrel (previous forecast was $58.48/barrel). The average price of WTI in 2025 is expected to be $63.58/barrel, compared with the previous forecast of $65.22/barrel; the 2026 forecast is $47.77/barrel (previous forecast was $54.82/barrel)
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