U.S. Energy Information Administration - EIA - Independent …

2 days ago · Global oil prices: EIA expects growth in global oil production to outpace global demand for petroleum products, which would push oil prices downward through 2026. In EIA’s forecast, the Brent crude oil price will average $74 per barrel in 2025, 8% lower than in 2024, …

8%
OFF

U.S. Energy Information Administration - EIA - Independent …

2 weeks from now

eia.gov

8%
OFF

EIA Forecasts Lower Crude Oil Prices In 2025, 2026

2 weeks from now

1 day ago · The January 2025 Short-Term Energy Outlook notes the Brent crude oil price is forecasted to average $74/bbl in 2025, which is an 8% decrease from 2024, and it is projected …

ogj.com

$74.98
OFF

US EIA Forecasts Lower Oil Prices In 2025, Expects Production To ...

2 weeks from now

EIA expects WTI to average $74.98/b in 2025 US oil production may set records in 2024, 2025 Retail gasoline price forecast at $3.36/gal in 2024 The US Energy Information Administration Jan.

spglobal.com

8%
OFF

Strength, Then Oversupply? Parsing The Latest EIA Oil Forecast

2 weeks from now

13 hours ago · We forecast that the Brent crude oil price will average $74 per barrel (b) in 2025, 8% less than in 2024, and then continue to fall another 11% to $66/b in 2026.” Since the …

freightwaves.com

8%
OFF

EIA Sees Crude Output Increasing In 2025, 2026 - Markets Insider

2 weeks from now

2 days ago · In EIA’s forecast, the Brent crude oil price will average $74 per barrel in 2025, 8% lower than in 2024, and then continues its decline to average $66 per barrel in 2026.

businessinsider.com

8%
OFF

EIA Forecasts Oil Price Declines In 2025 And 2026 Amid Global ...

2 weeks from now

2 days ago · The EIA said it expects Brent crude oil prices to fall 8% to average $74 a barrel in 2025, then fall further to $66 a barrel in 2026. The EIA slightly raised its estimate for record …

pgjonline.com

8%
OFF

EIA Expects Oil Prices To Be Under Pressure From Oversupply In …

2 weeks from now

2 days ago · The EIA said it expects Brent crude oil prices to fall 8% to average $74 a barrel in 2025, then fall further to $66 a barrel in 2026. ... to average 104.4 million bpd in 2025, up from …

usnews.com

8%
OFF

EIA Predicts That Oil Prices Will Be Pressured By

2 weeks from now

1 day ago · The EIA expects Brent crude prices to drop 8%, to an average of $74 per barrel by 2025. Prices will then continue to decline to $66 per barrel by 2026. The EIA has slightly …

worldenergynews.com

$3.22
OFF

Oil Prices In 2025: What Do The Experts Say? | Blueberry.

2 weeks from now

The EIA forecasts US gasoline prices to average $3.22 per gallon in 2025, 7 cents lower than prior estimates, driven by falling crude oil prices. Diesel prices are expected to average $3.55 …

blueberrymarkets.com

8%
OFF

EIA Expects Oil Prices To Be Under Pressure From Oversupply In …

2 weeks from now

The EIA said it expects Brent crude oil prices to fall 8% to average $74 a barrel in 2025, then fall further to $66 a barrel in 2026. The EIA slightly raised its estimate for record U.S. oil …

world-energy.org

FAQs about U.S. Energy Information Administration - EIA - Independent … Coupon?

How much will crude oil cost in 2025?

In this month’s outlook, the administration expects the Brent price will average $78 per barrel in 2025, which is $7 a barrel less than the forecast in last month’s STEO. Lower crude oil prices in the forecast “largely reflect a reduction for global oil demand growth in 2025,” the EIA said. ...

Will crude oil production increase in 2025 & 2026?

EIA expects crude oil production to increase in 2025 and 2026, both globally and in the United States. EIA estimates U.S. crude oil production averaged a record 13.2M barrels per day in 2024 and expects it to grow to an average of 13.5M barrels per day in 2025. ...

What is the outlook for crude oil prices in 2023?

Another supplement to the January STEO reviews the performance of our forecasts for these series during 2023. STEO Between the Lines: What is the outlook for crude oil prices in 2024 and 2025? We expect the Brent crude oil price will average $82 per barrel (b) in 2024 and $79/b in 2025, close to the 2023 average of $82/b. ...

What is EIA's crude oil forecast for 2025?

In this month's outlook, EIA educed its 2025 forecast for US Lower 48 states (L48) crude oil production from last month by 1% to 11.3 million b/d. This reduction reflects a downward revision to EIA's West Texas Intermediate (WTI) crude oil price forecast. ...

Does EIA lower Brent crude oil price forecast through end 2025?

In the October STEO, the US EIA lowered its Brent crude oil spot price forecast through end-2025. Brent crude oil price and global oil inventory change. In the October Short-Term Energy Outlook (STEO), the US Energy Information Administration (EIA) lowered its Brent crude oil spot price forecast through end-2025. ...

Why did the EIA reduce its 2025 oil demand forecast?

The EIA reduced its 2025 oil demand growth forecast due to weaker economic projections in developed countries. This revision is expected to lead to lower Brent crude oil prices in 2025. Non-OECD countries are projected to drive future oil demand growth, while consumption in developed economies is expected to stagnate. ...