EIA raises 2026 Brent crude forecast to $87/barrel on Strait of Hormuz constraints
The U.S. Energy Information Administration raised its 2026 Brent crude forecast to $87 per barrel from $82 and lifted its U.S. gasoline estimate to $3.78 per gallon, citing persistent Strait of Hormuz constraints expected to limit oil flows through August. The EIA also raised its U.S. crude output forecast to 13.80 million bpd this year and 14.15 million bpd next year.
Detected & updated continuously · Source: Nebula
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@blckchaindaily
🚨 EIA RAISES 2026 BRENT CRUDE FORECAST TO $87/BARREL FROM $82, LIFTS US GASOLINE ESTIMATE TO $3.78/GALLON ON PERSISTENT STRAIT OF HORMUZ CONSTRAINTS $USO $BNO
@DeItaone
U.S. RAISES OIL PRICE FORECAST ON HORMUZ DISRUPTION U.S. energy officials expect Strait of Hormuz constraints to persist through August, limiting oil flows. The EIA raised its 2026 Brent crude forecast to $87 a barrel from $82 and lifted its U.S. gasoline estimate to $3.78 a
@watchernewsx
JUST IN: 🛢 EIA raises U.S. crude forecast to 13.80M bpd this year and 14.15M bpd next, with natural gas output seen hitting 116.00 BCF/d. American supply keeps coming. https://t.co/6u5agFQyHg