The EIA Short-Term Energy Outlook report projects Brent crude oil prices at $55.87 per barrel in 2026, up from the previous forecast of $55.08 per barrel, and $54.02 per barrel in 2027. It also projects WTI crude oil prices at $52.21 per barrel in 2026, up from the previous forecast of $51.42 per barrel, and at $50.36 per barrel in 2027.