EIA's Short-Term Energy Outlook: What Investors Need to Know

The U.S. Energy Information Administration (‘EIA’) has released its latest Short-Term Energy Outlook (STEO), offering a detailed forecast of oil and natural gas markets through 2026. The report highlights a mixed outlook, with production increases and slower demand growth shaping the energy landscape. Brent crude prices are projected to decline, averaging $74 per barrel in 2025 and dropping further to$66 in 2026. Meanwhile, U.S. crude production is set to rise, reaching a record 13.59 million barrels per d ...