Brent crude oil price
Projected average spot price of Brent crude oil.
Global · $/barrel4 extracted figures2 institutions0 comparable groups
Single reported figureGlobal
| Institution | Period | Reported | Forecast |
|---|---|---|---|
| EIA | 2026 full year“Brent crude oil spot price (dollars per barrel) | $82” — Notable forecast changes · 2026 · source ↗ | 2026-07-07 | $82/bbl |
Readout
- Low
- $82.00/bbl
- High
- $82.00/bbl
- Reporting
- 1
- Basis
- Annual average spot price
One institution reporting — no consensus is claimed.
Single reported figureGlobal
| Institution | Period | Reported | Forecast |
|---|---|---|---|
| Wells Fargo | 2026 Q4“Crude Oil - Brent - Front Contract (h) | 2026 4Q | 78.7” — U.S. Economic Forecast table · 2026 Q4 · source ↗ | 2026-07-30 | $78.70/bbl |
Readout
- Low
- $78.70/bbl
- High
- $78.70/bbl
- Reporting
- 1
- Basis
- Quarterly average front contract
One institution reporting — no consensus is claimed.
Single reported figureGlobal
| Institution | Period | Reported | Forecast |
|---|---|---|---|
| EIA | 2026 Q3“The Brent price in our forecast averages $74/b in 3Q26, a reduction of $27/b from last month’s outlook.” — Forecast overview, Oil prices · source ↗ | 2026-07-07 | $74/b in 3Q26 |
Readout
- Low
- $74.00/bbl
- High
- $74.00/bbl
- Reporting
- 1
- Basis
- Quarterly average
One institution reporting — no consensus is claimed.
Single reported figureGlobal
| Institution | Period | Reported | Forecast |
|---|---|---|---|
| EIA | 2027 full year“We expect ongoing oil inventory accumulation over the next year will continue to put downward pressure on crude oil prices, with Brent falling to an average of $65/b in 2027.” — Forecast overview, Oil prices · source ↗ | 2026-07-07 | $65/b in 2027 |
Readout
- Low
- $65.00/bbl
- High
- $65.00/bbl
- Reporting
- 1
- Basis
- Annual average spot price
One institution reporting — no consensus is claimed.