This year, the world oil price will decrease from $69 to $56, - U.S. Department of Energy
- The forecasts from the U.S. Department of Energy indicate that the average annual spot price for Brent crude oil will drop from $69 observed in 2025 to $56 in 2026. This information is presented in the January forecast from the Energy Information Administration. Throughout 2025, oil prices decreased from $76 to below $64. In the upcoming year of 2026, further declines are expected: first to $59 in the first quarter, and then to $53 by the end of the year.