In last month's outlook, EIA had slashed its Q3 2026 Brent forecast by $27/bbl on the assumption that Strait of Hormuz disruptions would ease. EIA now forecasts Brent to average $85.21/bbl in Q3 2026 and $78.00/bbl in Q4, up from $74.03/bbl and $70.00/bbl respectively in last month's outlook. For the full year, EIA sees Brent averaging $86.81/bbl in 2026, up $4.90/bbl from the July STEO forecast of $81.91/bbl.“ Ship & Bunker publishes bunker price forecasts for every port and index it covers, based on the Brent forecasts from the monthly EIA STEO. The forecasts are based on the average price relationship between each fuel and Brent over the previous 12 months.