BAKU, Azerbaijan, August 11. Dutch banking group ING has published an updated forecast for Brent crude oil and Dutch TTF natural gas prices through 2028, Trend reports.
According to analysts' estimates, in 2025, the average annual price of Brent will be $68 per barrel, and Dutch TTF will be 40 euros per megawatt-hour. In 2026, the average annual prices for Brent crude oil and Dutch TTF natural gas will reach $57 per barrel and 57 euros per megawatt-hour, respectively. In 2027, the average annual price of Brent will remain at around $62 per barrel, while the price of Dutch TTF will fall to around 26 euros per megawatt.
Specifically, in the third quarter of 2025, the price of Brent is forecast to be $67 per barrel, and in the fourth quarter, $62. For Dutch TTF, prices are expected to be 39 euros per megawatt-hour in the third quarter of 2025 and 37 euros in the fourth quarter.
