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The US Energy Information Administration raised its 2026 and 2027 oil price forecasts in its Short-Term Energy Outlook. It now expects Brent to average about $91 in 2026, up nearly 5%, and WTI about $84.65.
Global inventories have fallen by about 400 million barrels this year.
A government forecast of drawing global stocks supports higher crude prices into the next year, raising input costs for feed and farm operations. The report also shows that Middle East supply losses are expected to persist.
za.investing.comSep 9, 2026After 116 past bullish report events, Crude Oil (Brent) moved a median +1.3% over 5 sessions (66% higher; middle half -1.0% to +3.1%), and +2.0% over 20.
After 131 past bullish report events, Crude Oil (WTI) moved a median +1.2% over 5 sessions (60% higher; middle half -1.3% to +3.4%), and +2.9% 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.
