U.S. EIA annual average Brent crude oil price forecast for May

U.S. Energy Information Administration announced the U.S. EIA annual average Brent crude oil price forecast for May on 2025-05-06. The reported figure stands at 65.85USD/barrel,barrel, with the prior figure recorded as 67.87USD/barrel.

Regarding the U.S. EIA annual average Brent crude oil price forecast for May, Data > Expectations = Bullish for Crude Oil, The EIA publishes a monthly Short-Term Energy Outlook report, which includes the monthly expectation for the one-year average price of WTI crude oil. This expectation is adjusted based on various factors such as crude oil inventories and market conditions. In addition to the crude oil average price expectation, the report also provides data on U.S. crude oil production expectations, global daily demand growth expectations for crude oil, as well as expectations for natural gas prices and production.

This data holds an importance level of , calculated using The EIA adjusts its expectations for the average crude oil price based on various factors, and updates Every month.

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Disclaimer: The content related to future events does not represent Gate’s position, nor does it constitute any investment advice, nor is it an endorsement of any third parties.

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