EIA revises down oil price outlook, predicts further declines in 2025, 2026
Brent crude oil prices are expected to decline through the rest of 2025 and into 2026 as global demand growth slows and oil inventories begin to build, according to the latest outlook from the U.S. Energy Information Administration (EIA).
The EIA reports that Brent averaged $68 per barrel in April—down $5 from March—marking the third consecutive monthly decline.
Access to paid information is limited
If You already have a account, please log in
Subscription to paid content
Gain access to all that Trend has to offer, as well as to premium, licensed content via subscription or direct purchase through a credit card.
