EIA lifts Brent forecast as oil inventories keep falling

The U.S. Energy Information Administration (EIA) expects Brent crude to average around USD 90 per barrel through the second half of 2026, with global inventories continuing to fall, according to its September Short-Term Energy Outlook (STEO). Global oil prices averaged USD 91 per barrel in August, USD 7 higher than in July, the agency said. Prices remain…

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