On September 10, 2025, the U.S. Energy Information Administration (EIA) released its forecast for the average Brent crude oil price in October. The published value stands at $67.8 per barrel, with the forecast figure yet to be provided; the previous reference value is also $67.8 per barrel.Data Definition: The EIA’s monthly Short-Term Energy Outlook includes the one-year average price forecast for WTI crude oil, which is adjusted based on factors such as crude oil inventories and market conditions. The report also covers U.S. crude oil production, global demand growth, and natural gas prices.This data has a significance level of 2. The EIA revises the average crude oil price upward or downward according to various influencing factors. The report is released monthly, with the next publication scheduled for October 2025.
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