EIA Revises Crude Oil Price Forecast Amid Uncertainty and Volatility But Still Expects Prices Will Decrease
July 09, 2025
July 09, 2025
WASHINGTON, July 9 -- The U.S. Department of Energy's Energy Information Administration issued the following news release:
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EIA revises crude oil price forecast amid uncertainty and volatility but still expects prices will decrease
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The U.S. Energy Information Administration (EIA) expects the Brent crude oil price to average less than $70 per barrel in 2025 and about $58 per barrel in 2026. In its July Short-Term Energy Outlook (STEO . . .
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EIA revises crude oil price forecast amid uncertainty and volatility but still expects prices will decrease
*
The U.S. Energy Information Administration (EIA) expects the Brent crude oil price to average less than $70 per barrel in 2025 and about $58 per barrel in 2026. In its July Short-Term Energy Outlook (STEO . . .