Brent crude oil spot price (year to date)

As oil production rises into next year, and as inventories rebuild, we expect the Brent spot price to gradually fall to an average of $74/b in 2027.

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APA

U.S. Energy Information Administration. (2027). Short-Term Energy Outlook. Retrieved September 15, 2026, from https://www.eia.gov/outlooks/steo/report/index.php. Via StatOrigin, https://statorigin.org/stat/stat_01M2KJ7XC1BW4YXSVZGRDT9SWH

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MLA

U.S. Energy Information Administration. "Short-Term Energy Outlook." 2027, https://www.eia.gov/outlooks/steo/report/index.php. Accessed 15 Sept. 2026 via StatOrigin, https://statorigin.org/stat/stat_01M2KJ7XC1BW4YXSVZGRDT9SWH.

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Chicago

U.S. Energy Information Administration. "Short-Term Energy Outlook." 2027. https://www.eia.gov/outlooks/steo/report/index.php. Accessed September 15, 2026. Cited from StatOrigin, https://statorigin.org/stat/stat_01M2KJ7XC1BW4YXSVZGRDT9SWH.

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BibTeX

@misc{eia2027brentdt9swh, author = {{U.S. Energy Information Administration}}, title = {Short-Term Energy Outlook}, year = {2027}, howpublished = {StatOrigin, https://statorigin.org}, url = {https://statorigin.org/stat/stat_01M2KJ7XC1BW4YXSVZGRDT9SWH}, note = {Original source: https://www.eia.gov/outlooks/steo/report/index.php. Accessed September 15, 2026.} }

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Record last modified 15 September 2026. Value type: forecast. Update cadence: annual. This page is permanently addressable at statorigin.org/stat/stat_01M2KJ7XC1BW4YXSVZGRDT9SWH.