US energy agency revises down Brent price forecast for 2025

®
Çok Okunanlar

Maserati Türkiye’den Dünyada Bir İlk: Maserati Lounge

Dünyanın İlk ve Tek Maserati Lounge'ı Fethiye Lov Hotels'te Açıldı! Tofaş'ın Türkiye'deki iştiraki Fer-Mas tarafından temsil edilen İtalyan lüks otomobil...

Karsan’dan İtalya Bari’ye 18 Metrelik Yüzde 100 Elektrikli 42 Adet e-ATA

Bari’de Elektrikli Toplu Taşımaya Karsan Damgası Dünyada toplu taşımanın dönüşümüne öncülük eden Karsan, İtalya Bari’de yeni bir ihaleyi daha kazandı....

Francesco Ciancia Stellantis’e Geri Dönüyor

Dünyanın en büyük mobilite şirketlerinden biri olan Stellantis N.V., Francesco Ciancia'nın 1 Kasım'dan itibaren Küresel Üretim Başkanı ve Stellantis...

Alfa Romeo Tonale 2026: İtalyan SUV tarzını koruyor

2026 Alfa Romeo Tonale, daha fazla versiyon, renk ve rafine tasarımıyla kompakt SUV segmentinde ilerliyor. Sportif karakterini korurken malzemeleri...

En Yakıt, Türk Hava Yolları Miles&Smiles ile ‘Her Şarj Yeni Bir Yolculuk’

Türkiye’nin elektrikli şarj ağı işletmeci lisansını alan ilk firma olan En Yakıt, Türk Hava Yolları (THY) Yolcu Programı Miles&Smiles...

Offroad Heyecanı Baja Attalos ile Kepez’de

Burhan Turan 2025 Türkiye Baja Şampiyonası'nın üçüncü ayağı olan Baja Attalos, Antalya Offroad ve Otomobil Sporları Kulübü tarafından 31...

Test Sürüşü: Hyundai INSTER Advance 84.5 kW Elektrik Otomatik

Yazar-Fotoğraf: Özgür Sunay INSTER, gelişmiş güvenlik ve sürücü destek sistemlerinin yanı sıra uzun menzil ve geliştirilmiş şarj performansıyla kapsamlı bir...
The US Energy Information Administration (EIA) revised down the price of Brent crude for 2025, as rising oil inventories are expected to lower prices.
Average Brent crude oil price for this year is expected to be $67.87 per barrel, down from the previous forecast of $74.22, according to the EIA’s Short-Term Energy Outlook (STEO) released late Thursday.
The average price forecast for West Texas Intermediate (WTI) crude has also been revised downward, from $70.68 to $63.88 per barrel.
The anticipated inventory increase is attributed to several factors including a loosening of production cuts by OPEC+, increased output from non-OPEC countries, and a slowdown in global oil demand growth.
Global oil inventories are projected to rise by an average of 600,000 barrels per day (bpd) in the second quarter of 2025, and by 700,000 bpd in the second half of the year. This upward trend is expected to continue at a similar pace in 2026.
In line with the increase in inventories, the average price of Brent crude is expected to decline from $75.83 per barrel in the first quarter of the year to around $64 per barrel in the fourth quarter. For 2026, the average Brent price is forecasted to hover around $61.48 per barrel.
The report also notes that market volatility is being influenced by several geopolitical and economic factors, including the lingering effects of reciprocal tariffs introduced under US President Donald Trump’s protectionist trade policies, and ongoing sanctions against Russia, Iran, and Venezuela.
Uncertainty regarding the pace at which OPEC+ will unwind production cuts, and the degree to which member countries adhere to stated production targets, is also seen as a key factor influencing price projections.
For 2024, the agency had reported an average price of $80.56 per barrel for Brent crude and $76.60 per barrel for WTI.
– US crude production forecast revised down
The EIA projects that average daily crude oil production in the US will reach approximately 13.51 million barrels in 2025, 100,000 bpd lower than the previous month’s forecast.
This figure was recorded at approximately 13.21 million bpd last year.
Meanwhile, global oil supply for this year is expected to reach 104.1 million bpd, with global demand projected at 103.64 million bpd.
By Duygu Alhan

Diğer Haberler

Offroad Heyecanı Baja Attalos ile Kepez’de

Burhan Turan 2025 Türkiye Baja Şampiyonası'nın üçüncü ayağı olan Baja Attalos, Antalya Offroad ve Otomobil Sporları Kulübü tarafından 31 Ekim - 2 Kasım tarihleri...

Francesco Ciancia Stellantis’e Geri Dönüyor

Dünyanın en büyük mobilite şirketlerinden biri olan Stellantis N.V., Francesco Ciancia'nın 1 Kasım'dan itibaren Küresel Üretim Başkanı ve Stellantis Liderlik Ekibi üyesi olarak şirkete...

Goodyear, Sultantur Uluslararası Taşımacılık ile Kontrol Noktası Anlaşması İmzaladı

Sultantur Uluslararası Taşımacılık, Goodyear'ın yenilikçi filo çözümüyle filo operasyonlarını güçlendiriyor ve daha verimli hale getiriyor. Goodyear, Merlas Oto Lastik ve Türkiye'nin önde gelen lojistik filolarından...

Maserati Türkiye’den Dünyada Bir İlk: Maserati Lounge

Dünyanın İlk ve Tek Maserati Lounge'ı Fethiye Lov Hotels'te Açıldı! Tofaş'ın Türkiye'deki iştiraki Fer-Mas tarafından temsil edilen İtalyan lüks otomobil üreticisi Maserati, Türkiye'deki ilk ve...

Otomotiv Mühendisliği Konferansı – IAEC 2025 İçin Geri Sayıma Başladı

Otomotiv Sanayi, Uluslararası Otomotiv MühendisliğiKonferansı - IAEC 2025 İçin Geri Sayıma Başladı! Otomotiv sanayisinin en prestijli etkinliklerinden biri olan Uluslararası Otomotiv Mühendisliği Konferansı (IAEC), bu...

Ovolt & Sharz.Net’te Üst Düzey Atama

Türkiye’nin önde gelen şarj operatörlerinden Ovolt ve Sharz.net, e-mobilite sektöründeki büyüme stratejisini güçlendirecek önemli bir atama gerçekleştirdi. Enerji ve kimya sektörlerinde 18 yıla yakın...

Yarış pilotu Koray Kamiloğlu İtalya Kupası’nda tarih yazdı

TCR pilotu Koray Kamiloğlu, 25-26 Ekim’de İtalya’daki Misano pistinde son ayağı düzenlenen Coppa Italia Turismo’da tarihi bir başarı elde etti. Kamiloğlu ve takımı, hem...
Apple TV becomes exclusive home for Formula 1 in the U.S.

Apple TV becomes exclusive home for Formula 1 in the U.S.

Apple and Formula 1 have struck a five-year partnership that will make Apple TV the...
Cardo launches Beyond GTS and GT smart helmets for connected riders

Cardo launches Beyond GTS and GT smart helmets for connected riders

Cardo Systems has officially stepped into the helmet game with something big. The company best...
New numbers, same signature look: Nissan Formula E Team to finalize Season 12 preparation at Valencia test

New numbers, same signature look: Nissan Formula E Team to finalize Season 12 preparation at Valencia test

World Champion Rowland to run #1 car with Nato switching to #23, as the team retains...
The new electric Mercedes-Benz GLC: UK prices and specifications revealed

The new electric Mercedes-Benz GLC: UK prices and specifications revealed

Milton Keynes, United Kingdom.  The new all-electric Mercedes-Benz GLC is now available to order in...
Aston Martin to develop new Residences with Valor Real Estate Development

Aston Martin to develop new Residences with Valor Real Estate Development

Aston Martin announces a multi-project partnership with Valor Real Estate Development commencing with a new...
F1 Vegas just got more luxurious with this $120K jet experience

F1 Vegas just got more luxurious with this $120K jet experience

Formula 1 weekends are already over the top, but this one’s for the jet set....
Ferrari F76: the first digital hypercar celebrates the legend of Le Mans

Ferrari F76: the first digital hypercar celebrates the legend of Le Mans

Maranello– In the year of its third consecutive victory at the 24 Hours of Le...
Flagship CHERY TIGGO 9 launched with range-topping spec and Chery Super Hybrid powertrain as standard

Flagship CHERY TIGGO 9 launched with range-topping spec and Chery Super Hybrid powertrain as standard

London, The CHERY TIGGO 9 CSH marks the beginning of a new flagship era for...
Dennis Eagle officially opens new Technical Training Centre in Warwick

Dennis Eagle officially opens new Technical Training Centre in Warwick

WARWICK. Dennis Eagle, the UK’s industry leader in the design and manufacture of refuse collection vehicles...
Your electric car. Your electric charger. Perfectly matched.

Your electric car. Your electric charger. Perfectly matched.

British design brand Simpson & Partners is redefining what an electric vehicle charger can be, transforming it...
Max Verstappen’s comeback heats up the 2025 F1 championship race

Max Verstappen’s comeback heats up the 2025 F1 championship race

Reigning Champion Max Verstappen is still trailing in points, but the Red Bull Racing F1...
Maserati MCPURA brings the pure essence of Italian performance on the roads of Versilia

Maserati MCPURA brings the pure essence of Italian performance on the roads of Versilia

The exclusive Driving Experience dedicated to the new Maserati MCPURA has just come to a...
Isuzu celebrates farming excellence as sponsor of 2025 British Farming Awards ‘Farm Worker of the Year’

Isuzu celebrates farming excellence as sponsor of 2025 British Farming Awards ‘Farm Worker of the Year’

Isuzu UK proudly continues its long-standing support of British agriculture by once again sponsoring the...
Triple anniversary: Bentley celebrates three seminal sedans

Triple anniversary: Bentley celebrates three seminal sedans

2025 sees three significant anniversaries in Bentley’s history, each now celebrated with three bespoke Flying...
25 Years of Adventure: Tracing the Nissan X-Trail’s journey

25 Years of Adventure: Tracing the Nissan X-Trail’s journey

2025 marks the 25th anniversary of the Nissan X-Trail. Since the first-generation launched in November...

BYD to redefine compact SUVs with ATTO 2 DM-i, featuring Super Hybrid with DM technology

EV driving experience with up to 1020km of combined range 90km on electricity alone – enough...

Dacia Duster is the choice for even more Community First Responders

Bridgnorth Community First Responders are celebrating 25 years of life-saving service with a new addition...
Skills shortage bites as research finds plumbers will turn down £133 million in jobs this winter

Skills shortage bites as research finds plumbers will turn down £133 million in jobs this winter

Milton Keynes, UK, The nation’s plumbers are set to turn down jobs worth as much as...
Hispano Suiza x Michelin: innovation, exclusivity and tradition come together in the Hispano Suiza Carmen Sagrera

Hispano Suiza x Michelin: innovation, exclusivity and tradition come together in the Hispano Suiza Carmen Sagrera

The historic collaboration between Hispano Suiza and Michelin extends to the most advanced hypercar in...
Bentley honors three classic sedans with 2025 Flying Spur tributes

Bentley honors three classic sedans with 2025 Flying Spur tributes

Bentley’s history is full of landmark sedans that redefined the brand, and 2025 brings three...