Loading…
The EIA's November Short-Term Energy Outlook forecasts Brent averaging $97 in 2026, with fourth-quarter prices near $100 a barrel. The agency expects the average to fall to $86 in 2027 as most Middle East production returns to pre-conflict levels by mid-year.
A high near-term forecast keeps energy costs elevated for feed producers through year-end, while the expected 2027 decline would reduce costs later.
petroleumnews.comKristen Nelson, Editor in ChiefNov 15, 2026After 41 past neutral report events, Crude Oil (Brent) moved a median -1.4% over 5 sessions (41% higher; middle half -4.0% to +1.9%), and +1.8% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
