U.S. August EIA annual WTI crude oil price forecast

U.S. Energy Information Administration announced the U.S. August EIA annual WTI crude oil price forecast on 2025-08-12. The reported figure stands at 63.58USD/barrel,barrel, with the prior figure recorded as 65.22USD/barrel.

Regarding the U.S. August EIA annual WTI crude oil price forecast, Data > Expectations = Bullish for Crude Oil, The EIA publishes its monthly Short-Term Energy Outlook report, which includes the expected one-year average price for WTI crude oil for the month. This expectation is adjusted based on various factors such as crude oil inventories and market conditions. In addition to the expected average price of crude oil, the monthly report also provides data on U.S. crude oil production expectations, global daily demand growth expectations for crude oil, natural gas price expectations, and production expectations.

This data holds an importance level of , calculated using The EIA adjusts its forecast for the average price of crude oil upwards or downwards based on various factors, and updates monthly.

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