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EIA Short-Term Energy Outlook: 2026 WTI $80.88/bbl (prior $76.26); 2027 WTI $65.39/bbl (prior $60.76). 2026 Brent $86.81/bbl (prior $81.91); 2027 Brent $69.39/bbl (prior $64.76).

2026-08-12

EIA Short-Term Energy Outlook: 2026 WTI $80.88/bbl (prior $76.26); 2027 WTI $65.39/bbl (prior $60.76). 2026 Brent $86.81/bbl (prior $81.91); 2027 Brent $69.39/bbl (prior $64.76).

Other News
2026-08-11

Global oil prices continued to rise, lifting European energy stocks at the open, after Mitsubishi UFJ analyst Soojin Kim said tougher demands from the US and Iran has slowed progress toward an agreement to restore normal shipping through the Strait o

Global oil prices continued to rise, lifting European energy stocks at the open, after Mitsubishi UFJ analyst Soojin Kim said tougher demands from the US and Iran has slowed progress toward an agreement to restore normal shipping through the Strait of Hormuz. Brent futures rose for a consecutive fourth session. Equinor gained about 2%, ENI about 2%, Repsol 1.5%, BP and Shell around 1%, and Total 1.3%.
2026-08-11

Outgoing Bank of Korea senior deputy governor said strong growth feeding into potential inflation may require further rate increases, while won strength and recent equity moves give policymakers some policy flexibility. He said KOSPI’s recent drop an

Outgoing Bank of Korea senior deputy governor said strong growth feeding into potential inflation may require further rate increases, while won strength and recent equity moves give policymakers some policy flexibility. He said KOSPI’s recent drop and a stabilizing won offer MPC members limited room for maneuver, but are not decisive. Policymakers will focus on whether core inflation remains elevated, whether growth can be sustained, and on financial-stability risks. Headline CPI fell to 2.8% last month but remains above the Bank of Korea’s target; core CPI rose to 2.6%. Some economists still expect another rate hike this month after a July increase.
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