EIA: Volatility of crude oil price upEnergy Information Administration says Brent averaged $47 per barrel in August, down $10 from July; US production down 140,000 bpd KRISTEN NELSON Petroleum News
Brent crude oil averaged $47 per barrel in August, down $10 per barrel from July, the U.S. Energy Information Administration said Sept. 9 in its Short-Term Energy Outlook.
“This third consecutive monthly decrease in prices likely reflects concerns about lower economic growth in emerging markets, ex....
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US production down Cash flow, capital reductions
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