Cointime reports: The U.S. Energy Information Administration raised its average price forecasts for both WTI and Brent crude in its November 11 Short-Term Energy Outlook. WTI is now projected to average $88.29 a barrel in 2026 and $80.54 in 2027, up from $88.21 and $79.74 previously. Brent is seen averaging $97.44 in 2026 and $85.78 in 2027, versus prior estimates of $96.32 and $83.74.
EIA Lifts 2026-2027 WTI and Brent Crude Price Forecasts
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