# EIA Raises Its 2027 Diesel Forecast to $5.03 a Gallon

> The EIA’s November outlook raised its 2027 diesel price forecast to $5.03 per gallon. It cited falling global oil inventories, tanker attacks, constrained shipping capacity, and higher transport costs, while projecting Brent near $100 per barrel for the rest of 2026 and averaging $77 in the fourth quarter of 2027.

- Date: 2026-11-10 · published 2026-11-11T00:14:26.247Z
- Category: report · region Global · magnitude medium
- Page: https://feedsoft.ai/events/92473-eia-raises-its-2027-diesel-forecast-to-5-03-a-gallon
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

A higher diesel outlook points to continued pressure on agricultural transport and production costs, which could support delivered feed prices. The forecast also reflects tight crude supply in the near term, although the EIA expects prices to ease as inventories rebuild in 2027.

## Read by commodity

- WTI: bullish ▲
- BRENT: bullish ▲
- DIESEL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DIESEL | 2025-03-31 | [Diesel Price Rises 2.5¢ to $3.592 a Gallon - TT](https://feedsoft.ai/events/25785-diesel-price-rises-2-5-to-3-592-a-gallon-tt.md) | -7.6% | -3.9% |
| DIESEL | 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) | -0.9% | -3.5% |
| DIESEL | 2025-01-29 | [EIA Increases 2025 USA Diesel Price Forecast \| Rigzone](https://feedsoft.ai/events/26678-eia-increases-2025-usa-diesel-price-forecast-rigzone.md) | +0.2% | -4.7% |
| DIESEL | 2024-11-25 | [Diesel Price Rises 4.8¢ to $3.539 a Gallon - TT](https://feedsoft.ai/events/27580-diesel-price-rises-4-8-to-3-539-a-gallon-tt.md) | -4.5% | -2.0% |
| DIESEL | 2021-10-18 | [Diesel Spikes 8.5¢ to $3.671 a Gallon - TT](https://feedsoft.ai/events/44753-diesel-spikes-8-5-to-3-671-a-gallon-tt.md) | -1.3% | -6.7% |
| 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 | 2020-08-11 | [EIA revises up 2020 oil price forecasts on larger forecast stock draws \| Oil & Gas Journal](https://feedsoft.ai/events/51809-eia-revises-up-2020-oil-price-forecasts-on-larger-forecast-stock-draws-oil-and.md) | +1.2% | -6.6% |
| BRENT | 2018-03-09 | [IEA cuts 2026 oil supply forecast as Mideast recovery slips to 2027](https://feedsoft.ai/events/66170-iea-cuts-2026-oil-supply-forecast-as-mideast-recovery-slips-to-2027.md) | +1.0% | +4.8% |

## Sources

- gain.consulting: https://www.gain.consulting/post/eia-raises-its-2027-diesel-forecast-to-5-03-a-gallon

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