* We raise our '26e oil price forecast to USD 93/bbl (prev. 84). Our '27e price forecast is raised to USD 79/bbl (75), and we reiterate our long-term oil price forecast of USD 75/bbl for '28e-'30e.
* We raise our '26e gas price forecast to USD 18.8/MMBtu (prev. 14.4). We raise our '27e gas price forecast to USD 14.9/MMBtu and reiterate our long-term gas price forecast of USD 9.0/MMBtu for '28e-'30e.
* We lower our USD/NOK assumption to 9.5 (10.0) from Q4'26e onwards.
* Please see the table below for a summary of the estimate changes and refer to our Crude Quarterly report for further details.
In our 22 September Crude Quarterly report, we update our oil and gas price assumptions for our covered E&Ps. See the report for more details on our new oil market estimates and our updated price assumptions. Also, see below in this report for quarterly and annual company estimates.