Official figures

Energy Information Administration says it expects Brent near $100 a barrel through 2026

The United States Energy Information Administration said on November 10, in its Short-Term Energy Outlook, that it expects Brent crude to stay near $100 per barrel for the rest of 2026. It said it now expects retail diesel to average $5.03 per gallon in 2027, which is 12.0% above its previous forecast of $4.49. The agency said crude prices rose in October as falling global stocks, tanker attacks in the Persian Gulf, tight shipping capacity and higher transport costs squeezed supply. For November through March, it said it expects Henry Hub natural gas to average $2.87 per million British thermal units.

Energy. Added November 10, 4:08 pm Saskatchewan time.References 1