The U.S. Energy Information Administration (EIA) projects a decline in the Brent spot average price for both 2026 and 2027. The agency detailed this forecast within its latest short-term energy outlook report.

EIA’s Recent Market Assessment
The Energy Information Administration consistently provides assessments of the global energy market. Its most recent short-term energy outlook includes these specific projections concerning crude oil prices. This report offers valuable insights into anticipated market movements.
Future Price Trajectory Identified
The EIA specifically anticipates a notable drop in the Brent spot average price. This projected decrease is expected to manifest during 2026. Furthermore, the agency forecasts this downward trend will continue into 2027. These predictions highlight potential shifts in global oil benchmarks.
Examining the Forecast Period
The outlook clearly identifies both 2026 and 2027 as the primary years for this anticipated price adjustment. The EIA’s detailed analysis specifically focuses on these immediate future periods. It highlights a significant shift expected in the average spot price for Brent crude.
Source of the Projection
The U.S. Energy Information Administration stands as the authoritative federal source for this energy forecast. The agency publishes its comprehensive short-term energy outlook periodically. This latest edition explicitly contains the specific predictions regarding future Brent prices.
Consequently, market participants will undoubtedly consider these projections carefully. The EIA consistently provides reliable data and analyses for the energy sector. Its newest report clearly outlines future Brent price expectations for 2026 and 2027.




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