EIA Expects Ongoing Disruptions To Mideast Crude Output Of About 600,000 Barrels/Day To Continue Through End Of 2027; Now Expects U.S. WTI Crude Oil Spot Prices To Average $80.88/Barrel In 2026 Vs Previous Forecast Of $76.26
https://www.eia.gov/outlooks/steo/
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Why It Matters
Oil experts predict that Middle East supply problems will keep happening through 2027, so they're raising their guess for oil prices next year to about $81 per barrel instead of $76. When oil prices go up, it affects everything from gas at the pump to how companies spend money.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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