BusinessUS EIA Raises Q4 Brent Crude Forecast to $105 Amid West Asia Risks
The US Energy Information Administration (EIA) raised its Brent crude oil price forecast for Q4 2026 to $105 per barrel, up $14 from the previous outlook. The increase is due to ongoing supply risks in West Asia and tight global diesel markets. Despite some recovery in regional oil flows, attacks on infrastructure like Saudi Arabia's East-West pipeline pose volatility risks to supply and prices.
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