# EIA Short-Term Energy Outlook - Fuels Market News

> The EIA's October Short-Term Energy Outlook forecasts Brent averaging $52/b in 2017 and $54/b in 2018, and expects winter household fuel expenditures to rise. Gasoline retail prices fell after Hurricane Harvey disruptions eased.

- Date: 2017-10-17 · published 2017-10-17T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/68641-eia-short-term-energy-outlook-fuels-market-news
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Higher crude forecasts raise diesel and freight costs and support biofuel economics, which can lift vegetable oil and corn demand.

## Read by commodity

- WTI: bullish ▲
- BRENT: bullish ▲
- NATGAS: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| BRENT | 2017-12-12 | [SHORT-TERM ENERGY OUTLOOK - See the December 12th Report HERE: U.S. Energy Information Administration - Canadian Energy News, Top Headlines, Commentaries, Features & Events - EnergyNow](https://feedsoft.ai/events/67658-short-term-energy-outlook-see-the-december-12th-report-here-u-s-energy.md) | -1.9% | +6.7% |
| BRENT | 2017-12-19 | [EIA: Uncertainty clouds fuel price outlook \| FleetOwner](https://feedsoft.ai/events/67672-eia-uncertainty-clouds-fuel-price-outlook-fleetowner.md) | +2.9% | +8.4% |
| BRENT | 2024-03-25 | [EIA sharply raises 2026-2027 diesel price forecast \| Latest Market News](https://feedsoft.ai/events/31383-eia-sharply-raises-2026-2027-diesel-price-forecast-latest-market-news.md) | +1.9% | +2.3% |
| BRENT | 2024-03-14 | [Oil prices climb as revised IEA outlook signals tighter market \| Reuters](https://feedsoft.ai/events/31368-oil-prices-climb-as-revised-iea-outlook-signals-tighter-market-reuters.md) | +2.2% | +7.9% |
| BRENT | 2019-11-14 | [Oil Rises on Signs of U.S. Supply Drop, OPEC’s Shale Outlook - Energy News, Top Headlines, Commentaries, Features & Events - EnergyNow.com](https://feedsoft.ai/events/56235-oil-rises-on-signs-of-u-s-supply-drop-opec-s-shale-outlook-energy-news-top.md) | +1.2% | +3.6% |
| WTI | 2021-01-21 | [Weekly Energy Market Situation, Jan. 19, 2021 - Fuels Market News](https://feedsoft.ai/events/49329-weekly-energy-market-situation-jan-19-2021-fuels-market-news.md) | -0.7% | +13.6% |
| WTI | 2019-05-21 | [EIA Gasoline and Diesel Retail Prices Update, May 21, 2019 - Fuels Market News](https://feedsoft.ai/events/7393-eia-gasoline-and-diesel-retail-prices-update-may-21-2019-fuels-market-news.md) | -7.3% | -17.7% |
| WTI | 2017-12-12 | [SHORT-TERM ENERGY OUTLOOK - See the December 12th Report HERE: U.S. Energy Information Administration - Canadian Energy News, Top Headlines, Commentaries, Features & Events - EnergyNow](https://feedsoft.ai/events/67658-short-term-energy-outlook-see-the-december-12th-report-here-u-s-energy.md) | -1.2% | +9.8% |

## Sources

- fuelsmarketnews.com: https://fuelsmarketnews.com/eia-short-term-energy-outlook/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.