August 19, 2015 EIA lowers crude oil price forecast through 2016. Source: U.S. Energy Information Administration, Short-Term Energy Outlook , August 2015 Note: Similar confidence intervals cannot be established around the Brent futures price, as trading volumes on Brent futures contracts are relatively sparse compared to WTI trading volumes. Amid high uncertainty in the global oil market, EIA has lowered crude oil price forecasts in the Short-Term Energy Outlook (STEO), expec...