EIA Short-Term Energy Outlook
Extracted from https://www.eia.gov/outlooks/steo/
U.S. Energy Information AdministrationOpen source document ↗
Published2026-10-06
Extracted figures8
Source classInstitution forecast
Update cadenceMonthly
Available formatHTML
| Metric | Period | Reported | Forecast |
|---|---|---|---|
| Real GDP growth | 2026 full year“| U.S. GDP <br>(percentage change) | 2.8 | 2.1 | 2.1 | 2.6 |” — Overview table, U.S. GDP row · source ↗ | 2026-10-06 | 2.1 |
| Real GDP growth | 2027 full year“| U.S. GDP <br>(percentage change) | 2.8 | 2.1 | 2.1 | 2.6 |” — Overview table, U.S. GDP row · source ↗ | 2026-10-06 | 2.6 |
| Brent crude oil | 2026 Q4“We now forecast the Brent crude oil spot price will average $105 per barrel (b) in 4Q26, $14/b higher than in last month’s STEO.” — Forecast overview, Global oil prices · source ↗ | 2026-10-06 | $105 per barrel (b) |
| Brent crude oil | 2026 full year“| **Brent crude oil spot price** (dollars per barrel) | $96 | $84 |” — Notable Forecast Changes table, Brent crude oil spot price row · source ↗ | 2026-10-06 | $96 |
| Brent crude oil | 2027 full year“We expect the Brent spot price will fall to an average of $84/b next year.” — Forecast overview, Global oil prices · source ↗ | 2026-10-06 | $84/b |
| Retail gasoline | 2026 full year“| **Retail gasoline price** (dollars per gallon) | $3.91 | $3.56 |” — Notable Forecast Changes table, Retail gasoline price row · source ↗ | 2026-10-06 | $3.91 |
| Natural gas | 2026 full year“| Natural gas spot price <br>(dollars per million BTU) | 2.19 | 3.53 | 3.48 | 3.16 |” — Overview table, Natural gas spot price row · source ↗ | 2026-10-06 | 3.48 |
| Natural gas | 2027 full year“We forecast the Henry Hub spot price for natural gas to average $3.16 per million British thermal units (MMBtu) in 2027, a 9% decrease from 2026.” — Forecast overview, Natural gas prices · source ↗ | 2026-10-06 | $3.16 per million British thermal units (MMBtu) in 2027 |