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Vol. 30, No.16 Week of April 20, 2025
Providing coverage of Alaska and northern Canada's oil and gas industry


EIA forecasts lower oil demand, lower Brent prices in 2025, '26

Kristen Nelson

Petroleum News

The U.S. Energy Information Administration's April Short-Term Energy Outlook, issued April 10, is forecasting lower oil demand growth and a drop in the Brent spot price to an average of $68 per barrel this year, down 8.6% from a March forecast of $74, and down 10.2% for 2026, from a March forecast o....

    [additional news subjects in this story]

Brent drops

Drop in demand

Natural gas demand

Natural gas prices


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