U.S. EIA Forecasts Lower Oil Price in 2025 Amid Significant Market Uncertainties

CleanTechnica
By US Energy Information AdministrationJan 21, 2025, 11:58 pm112 pts
We forecast benchmark Brent crude oil prices will fall from an average of $81 per barrel (b) in 2024 to $74/b in 2025 and $66/b in 2026, as strong global growth in production of petroleum and other liquids and slower demand growth put downward pressure on prices and help offset heightened geopolitical risks…

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