EIA lowers price expectations for US and Brent crude oil this year

Golden Ten Data, May 13 — According to the EIA Short-Term Energy Outlook report: WTI crude oil prices are expected to be $85.68/barrel in 2026, compared to the previous forecast of $87.41/barrel. WTI crude oil prices are expected to be $74.39/barrel in 2027, compared to the previous forecast of $72.43/barrel. Brent prices are expected to be $94.85/barrel in 2026, compared to the previous forecast of $96.00/barrel. Brent prices are expected to be $79.39/barrel in 2027, compared to the previous forecast of $76.09/barrel.