B · Normal
[EIA: The average price of WTI in 2026 is expected to be 88.29 US dollars/barrel. The previous forecast was 88.21 US dollars/barrel] On November 11, the U.S. Energy Information Administration (EIA) monthly report showed that U.S. oil demand is expected to be 20.6 million barrels/day in 2026, the same as the previous value; in 2027, it is expected to be 20.9 million barrels/day, the previous value was 20.8 million barrels/day. Global crude oil production is expected to be 101.7 million barrels per day in 2026, higher than the previous forecast of 101.1 million barrels per day; in 2027, it is expected to be 108.4 million barrels per day, compared with the previous value of 109.6 million barrels per day. Global oil demand is expected to be 102.4 million barrels per day in 2026, the same as the previous value; in 2027, it is expected to be 104.4 million barrels per day, compared with the previous value of 104.6 million barrels per day. The average price of WTI in 2026 is expected to be US$88.29/barrel, compared with the previous forecast of US$88.21/barrel; in 2027, it is expected to be US$80.54/barrel, compared with the previous value of US$79.74/barrel. The average Brent price in 2026 is expected to be US$97.44/barrel, compared with the previous forecast of US$96.32/barrel; in 2027, it is expected to be US$85.78/barrel, compared with the previous value of US$83.74/barrel.
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