US October EIA Crude Oil Average Price Forecast: Positive Signals Emerge

On October 8, 2025, the US Energy Information Administration (EIA) released its forecast for the “US October EIA Current-Year WTI Crude Oil Average Price.” The announced value was $65 per barrel, compared to a forecast of $64.16 per barrel and a previous reference value of $64.16 per barrel.This data is defined as the EIA’s monthly Short-Term Energy Outlook report, which includes expectations for the annual average price of WTI crude oil. The forecast is based on a comprehensive assessment of factors such as crude oil inventories and market conditions. In terms of market impact, when the actual figure exceeds expectations, it is considered positive for the crude oil market.The importance of this data is rated at 2. The statistical methodology involves adjusting the average price forecast based on various factors. This report is released monthly, with the next publication scheduled for November 2025.

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