EIA Raises 2026 Brent Forecast to $96; Spot at $96.83

The EIA on April 15 raised its 2026 average Brent forecast to $96 per barrel. Spot prices retreated to $96.83, down $3.36 from prior close, reflecting blockade moderation. Blockade duration, OPEC+ policy, and U.S. shale supply are variables.