Gasoline Prices

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Washington's Oil Forecasters Have Raised Their 2027 Brent Price Four Months Running, From $65 to $86 a Barrel

The Energy Information Administration's November Short-Term Energy Outlook, published on 10 November 2026, puts Brent crude at an average of $97 a barrel this year and $86 in 2027. It is the fourth monthly increase in a row in the 2027 forecast, which stood at about $65 in July. The agency expects prices near $100 for the rest of this year.

By Alison Acosta 4 minutes ago

A row of new red compact SUVs parked on a dealership lot under an overcast sky, with trees and power lines behind.

Business

Toyota Came Within 38,000 Cars of GM Last Quarter. Hybrids and Sedans Closed Most of the Gap.

General Motors sold 670,974 vehicles in the US in the third quarter, down 5.5 per cent. Toyota sold 633,223, up 0.6 per cent, and more than half of them were hybrids or other electrified models. Hyundai Motor Group finished 1,195 vehicles behind Ford. The automakers gaining share are the ones with cheap cars and hybrids, in a quarter when gasoline cost $1.35 more than a year earlier.

By Margaret Holloway October 4, 2026

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Washington's Oil Forecasters Have Raised Their 2027 Brent Price Four Months Running, From $65 to $86 a Barrel

Toyota Came Within 38,000 Cars of GM Last Quarter. Hybrids and Sedans Closed Most of the Gap.