BAKU, Azerbaijan, October 10. 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 38 euro per megawatt-hour.
In 2026, the average annual prices for Brent crude oil and Dutch TTF natural gas will reach $57 per barrel and 31 euro per megawatt-hour, respectively.
In 2027, the average annual price of Brent will remain at nearly $62 per barrel, while the price of Dutch TTF will fall to around 26 euro per megawatt.
Specifically, in the third quarter of 2025, the price of Brent is forecast to be $68 per barrel, and in the fourth quarter, $62. For Dutch TTF, prices are expected to be 33 euro per megawatt-hour in the third quarter of 2025 and 35 euro in the fourth quarter.
ING Group (Internationale Nederlanden Groep), headquartered in Amsterdam, provides retail and wholesale banking, investment, and insurance services worldwide. It offers savings, loans, investments, and mortgages to individuals and major enterprises, empowering people and businesses while supporting environmental and social improvement.
