The US EIA's June Short-Term Energy Outlook forecasts Brent averaging $66/b at end-2025 and $59/b in 2026, with WTI falling to about $55/b in 2026. The agency expects global inventories to build as OPEC+ unwinds cuts.
A forecast of persistent crude price declines and rising inventories points to cheaper diesel and energy inputs for feed production and transport over the next year.
After 171 past bearish report events, Crude Oil (WTI) moved a median -1.5% over 5 sessions (37% higher; middle half -4.8% to +1.9%), and -0.9% over 20.
After 129 past bearish report events, Crude Oil (Brent) moved a median -1.3% over 5 sessions (45% higher; middle half -3.9% to +2.5%), and +0.4% 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.