Markets
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.
