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EIA Forecasts Brent Oil Above $95 Due to Mideast Conflict, Declining to Below $80 by Q3 2026
The Energy Information Administration (EIA) projects Brent oil prices will remain above $95 per barrel over the next two months amid the Mideast conflict, before falling below $80 in the third quarter of 2026 and around $70 by year-end. Higher oil prices are expected to boost U.S. oil production, with output forecasted to average 13.6 million barrels per day in 2026 and increase to 13.8 million barrels per day in 2027.
Date:
10.03.2026 |
Source:
FOR-EX.NEWS
Quotes
| Instrument | Price | Change (%) |
|---|---|---|
| EURUSD | 1.162380 | -0.11515% |
| GBPUSD | 1.342820 | -0.04243% |
| USDJPY | 157.859000 | +0.11352% |
| XAUUSD | 5193.595000 | +1.08381% |
| USDCAD | 1.358050 | -0.045633% |
| NZDUSD | 0.593720 | +0.075851% |
| USDCHF | 0.778190 | +0.16347% |
| AUDUSD | 0.713080 | +0.79297% |
| EURGBP | 0.865570 | +0.046234% |
| EURJPY | 183.486000 | +0.014717% |
| GBPJPY | 211.976000 | +0.087823% |
| AUDJPY | 112.565000 | +0.89182% |
| CADJPY | 116.241000 | +0.10248% |
| CHFJPY | 202.841000 | -0.017745% |
| NZDJPY | 93.716000 | +0.18923% |
| GBPCHF | 1.044940 | +0.04883% |
| EURCHF | 0.904530 | +0.036496% |
| USDMXN | 17.558400 | -0.37188% |
| USDZAR | 16.257500 | -0.175% |
| USDTRY | 44.063900 | -0.003631% |
| USDRUB | 79.027900 | +0.69172% |
| USDSEK | 9.161250 | +0.37779% |
| USDCNY | 6.876100 | -0.4344% |
Upcoming Important Events
| Time | Country | Event | Forecast | Previous |
|---|---|---|---|---|
| 11.03.2026 | ||||
| 06:00 | 🇩🇪 | CPI (Feb) | 0.2 | 0.2 |
| 07:00 | 🇩🇪 | CPI (Feb) | 0.2 | 0.1 |
| 12:30 | 🇺🇸 | Core Inflation Rate MoM (Feb) | 0.2 | 0.3 |
| 12:30 | 🇺🇸 | Core Inflation Rate YoY (Feb) | 2.5 | 2.5 |
| 12:30 | 🇺🇸 | Inflation Rate MoM (Feb) | 0.3 | 0.2 |
| 12:30 | 🇺🇸 | Inflation Rate YoY (Feb) | 2.4 | 2.4 |
| 12.03.2026 | ||||
| 12:30 | 🇺🇸 | Housing Starts (Jan) | 1.37 | 1.404 |
| 13.03.2026 | ||||
| 07:00 | 🇬🇧 | Gross Domestic Product MoM (Jan) | 0.1 | 0.1 |
| 11:30 | 🇺🇸 | Gross Domestic Product QoQ (Q3) | 1.4 | 4.3 |
| 12:30 | 🇺🇸 | Core PCE Price Index MoM (Jan) | 0.3 | 0.4 |