Oil price forecast june 2025 analysts project the "oil price

Analysts project the "oil price forecast June 2025" to trade in the range of $88–$94 per barrel, driven by strong summer demand and tight OPEC+ supply discipline. Equity traders are watching energy stocks for upside momentum. According to its latest short term energy outlook, which was released on September 9, the U.S. Energy Information Administration (EIA) expects the Brent spot price to average $67.80 per barrel in 2025 and $51.43 per barrel in 2026. The EIA forecast in its latest STEO that the WTI spot price will average $64.16 per barrel in 2025 and $47.77 per barrel in 2026. Exclusive: Chevron puts $2 billion Colorado pipeline assets for sale, sources say Analysts believe renewable energy transition progress will have limited short-term impact on the "oil price forecast June 2025", keeping fossil fuel demand steady.