EIA’s Short-Term Energy Outlook (STEO) forecasts Brent crude oil spot prices, which averaged $79 per barrel in September, to average $81/b in the fourth quarter of 2018, before falling to an average of $75/b in 2019. However, the effects of the US withdrawal from JCPOA, the re-imposition of sanctions on Iran, and the potential response from members of the OPEC pose significant uncertainty to the forecast.
EIA forecasts Brent crude oil prices to average $81/b in the fourth quarter of 2018,...
https://safety4sea.com/crude-oil-price-forecasts-uncertain-amid-iran-sanctions/