EIA raises 2027 gasoline price forecast to $3.73 a gallon

FinanceInternationalFox BusinessNov 11, 2026, 2:15 PMAI summary

The EIA raised its forecast for U.S. retail gasoline prices in 2027 to $3.73 a gallon, 5% higher than last month's estimate of $3.56, though below the $3.89 projected for 2026. For diesel it projects $5.03 in 2027, versus $4.49 in its previous estimate and $5.25 in 2026. The agency expects oil supply constraints through the end of 2027 and Brent near $100 for the rest of 2026.

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The EIA expects gasoline at $3.73 a gallon in 2027, 5% above its forecast from the previous month.
For diesel it projects $5.03 in 2027, above the earlier estimate of $4.49.
The agency anticipates supply constraints in the global oil market through the end of 2027.

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IASummary generated by artificial intelligence from a story by Fox Business. It may contain errors: the original source prevails.

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EIA raises 2027 gasoline price forecast to $3.73 a gallon

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