EIA raises Brent crude price forecast for 2026
after close1 source ↓written by the desknot a recommendation
- for 2026
- $3 per barrel
- $55
- in Q1 2026
- $54
The US Energy Information Administration has increased its Brent crude price forecast for 2026 by $3 per barrel to $55. This revision stems from China's strategic oil purchases and new sanctions on Russia's oil sector, which may limit production. Despite this, prices are expected to decline to $54 in Q1 2026.
Not investment advice. For informational purposes only.