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Home > India > UPDATE 1-US EIA hikes oil price forecasts again as Iran war drains global stockpile

UPDATE 1-US EIA hikes oil price forecasts again as Iran war drains global stockpile

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Last Updated: October 6, 2026 22:53:06 IST

* EIA sees 2026 Brent averaging about $98 a barrel, up 8% from last month's forecast * Brent seen averaging $105 a barrel in fourth quarter, $14 above prior EIA estimate * Shut-in output seen dropping

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

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