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المشهد العربي
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المشهد العربي

2026-09-10T08:43:05.000Z

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US oil forecast update amid lower inventories

US oil forecast update amid lower inventories

The U.S. Energy Information Administration forecasted an increase in oil prices in 2026 and 2027 due to declining global inventories, which have decreased by approximately 400 million barrels since the beginning of the year as a result of supply disruptions caused by the American-Iranian war. The average price of Brent is expected to be around $91 per barrel, and WTI (West Texas Intermediate) around $84.65 in 2026, with a possibility of improved oil flows through the Strait of Hormuz in the coming months.

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