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Vol. 30, No.3 Week of January 19, 2025
Providing coverage of Alaska and northern Canada's oil and gas industry


Crude down, gas up

EIA 2025-26 forecasts oil price dropping on supply, gas increasing on demand

Kristen Nelson

Petroleum News

The U.S. Energy Information Administration's Short-Term Energy Outlook for January, released Jan. 14, is the first short-term forecast to include 2026, and that forecast sees the Brent crude oil spot price decreasing, from an average of $81 per barrel in 2024 to $74 in 2025 and $66 in 2026. The reve....

    [additional news subjects in this story]

Crude prices

US crude production

Natural gas


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