EIA Raises Oil-Price Forecasts as War in Middle East Continues

Date:




In its latest Short Term Energy Outlook, the EIA raised its 2026 forecast for Brent crude to $96 a barrel from $79 a barrel previously. It now expects U.S. benchmark West Texas Intermediate crude to average $87 a barrel, up from $74 a barrel in the March outlook.



Source link

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

Pope says Trump’s threat to destroy Iranian civilization is ‘unacceptable’

ROME -- Pope Leo XIV said Tuesday that U.S....

Albuquerque Animal Welfare Department seeks donations for orphaned kittens, puppies

ALBUQUERQUE, N.M. (KRQE) – The City of Albuquerque Animal Welfare Department...

How a Bottle of Wine Led to Thomas Rhett’s Son’s Name

Thomas Rhett and his wife, Lauren Akins, just recently...