- Entry
- $1.67
- Now
- $3.43 +105.4%
- Target
- $70.00
- Score
- —
The EIA predicts WTI to be in the low 50s in 2026 because of a predicted oil glut and economic slowdown. However historically they have been more wrong than right. The 2010–2014: The EIA chronically underestimated US production growth for years, leading to perpetually "too high" price forecasts until the 2014 crash reset reality. 2019-2022: The EIA has a bias toward underestimating demand rebound resilience. Historically the EIA has missed demand growth to the downside in 11 of the last …
— ORIGINAL POST ·
Make EIA's mistake your profits - oil price to $70 in 2026
· r/investing
· Dec 27, 2025