Brent crude oil spot price (quarterly)

RecordSTO-TTCR3G77V1-MPR26NA1RB-3ECVPK

77USD per barrel
forecast

Global · Q2 2027

EIA projects brent crude oil spot price worldwide at 77 USD per barrel in Q2 2027.

Original source
Publisher
EIA
Authority tier
T1 Official
Locator
Global oil prices
Retrieved
15 Sep 2026
Status
Verified

What the source says

As exports from the Middle East gradually increase and shut-in oil production restarts, we forecast oil prices will begin to fall, decreasing to an average of $77/b by 2Q27.

Checked: the figure 77 USD per barrel is stated in this passage. If it does not match, the extraction is wrong and we want to know.

Cite this figure

APA

U.S. Energy Information Administration. (2027). Short-Term Energy Outlook. Retrieved September 15, 2026, from https://www.eia.gov/outlooks/steo/report/global_oil.php. Via StatOrigin, https://statorigin.org/stat/stat_TTCR3G77V1MPR26NA1RB3ECVPK

Other formats: MLA, Chicago, BibTeX
MLA
U.S. Energy Information Administration. "Short-Term Energy Outlook." 2027, https://www.eia.gov/outlooks/steo/report/global_oil.php. Accessed 15 Sept. 2026 via StatOrigin, https://statorigin.org/stat/stat_TTCR3G77V1MPR26NA1RB3ECVPK.
Chicago
U.S. Energy Information Administration. "Short-Term Energy Outlook." 2027. https://www.eia.gov/outlooks/steo/report/global_oil.php. Accessed September 15, 2026. Cited from StatOrigin, https://statorigin.org/stat/stat_TTCR3G77V1MPR26NA1RB3ECVPK.
BibTeX
@misc{eia2027brent3ecvpk, author = {{U.S. Energy Information Administration}}, title = {Short-Term Energy Outlook}, year = {2027}, howpublished = {StatOrigin, https://statorigin.org}, url = {https://statorigin.org/stat/stat_TTCR3G77V1MPR26NA1RB3ECVPK}, note = {Original source: https://www.eia.gov/outlooks/steo/report/global\_oil.php. Accessed September 15, 2026.} }

Data published under CC BY 4.0. The citation credits the original publisher and links to this permanent record.

Provenance and verification

Everything needed to check this number yourself, without taking our word for it.

Chain of custody
Record: STO-TTCR3G77V1-MPR26NA1RB-3ECVPK T1 Official

Primary source

Publisher
U.S. Energy Information Administration · homepage ↗
Authority tier
Tier 1 · Multilateral Official
Report
Short-Term Energy Outlook
Type
Press release
Published
—
Locator
Global oil prices
Retrieved
15 September 2026
Link status
Reachable (HTTP 200)
Report licence
See source

Verification

Status
Verified
Review protocol
editorial:judge-fix-v1:2026-09-27
Checked on
27 September 2026
Last revision
27 September 2026
Permanent URL
/stat/stat_TTCR3G77V1MPR26NA1RB3ECVPK