According to CoinMeta, the US Energy Information Administration (EIA) expects that despite a 21% decline in Brent crude oil in November, oil prices could still approach $100 per barrel in 2026. In its November Short-Term Energy Outlook, the EIA predicted an average price of $104 per barrel for Brent crude oil in November and $99 in December, mainly due to disruptions in supply from the Middle East and abnormally low global inventories. Although oil prices fell by 23% recently, Brent crude oil futures rebounded to around $92.81 on November 11, still about 21% lower than the peak of $118 on October 30. The EIA expects that oil prices will remain high due to ongoing restrictions on production disruptions and transportation bottlenecks.