US Energy Dept Raises Brent Oil Price Outlook

TASS · world

The US Department of Energy has projected an increase in Brent oil prices, now expecting them to reach $86.81 per barrel in 2026. This outlook suggests a significant shift in energy market forecasts. The department anticipates that most oil production activities will see a recovery by early 2027. This forecast indicates potential volatility and adjustments in global energy markets and related economies.