US EIA October 2026 outlook sees Brent falling to $77/bbl by Q4 2027

The US Energy Information Administration released its October 2026 Short-Term Energy Outlook, assuming most Middle East production ex-Iran returns to pre-conflict averages by mid-2027 and forecasting spot Brent will gradually fall to average $77/bbl in Q4 2027 as depleted global oil inventories build through 2027.

Detected & updated continuously · Source: Nebula