EIA News

EIA Forecasts Brent Crude to Hit $91 per Barrel by 2050 Amid Shifting Energy Consumption Trends

The EIA predicts Brent crude prices will rise to $91 per barrel by 2050, with WTI reaching $89. US energy consumption is expected to decline before rising again in the 2040s, yet r...

EIA Forecasts Brent Crude Oil to Hit $91 per Barrel by 2050, Signaling Long-Term Energy Shifts

The EIA predicts Brent crude oil prices will rise to $91 per barrel by 2050, with WTI reaching $89. US energy consumption is expected to decline before rebounding in the 2040s, but...

EIA Predicts Minimal Impact of Russian Oil Sanctions on Global Production Forecast

The EIA forecasts minimal impact from Russian oil sanctions on global production, with expected increases in liquid fuels production in 2025 and 2026. Global oil inventories are pr...

EIA Predicts Minimal Impact on Oil Production Despite Russian Sanctions

The EIA forecasts minimal impact on global oil production from Russian sanctions, with a significant increase in production expected by 2026. Early 2025 may see decreased inventori...

EIA Lowers 2025 Oil Price Forecasts: What's Driving the Change?

The EIA has lowered its 2025 forecasts for Brent and WTI oil prices, citing potential inventory buildup. Brent is now expected to average $73.58 per barrel, and WTI $69.12 per barr...