May Brent $77, highest since November 2014
EIA forecasts Brent average of $71 this year, $68 in 2019; WTI expected to average almost $7 below Brent this year, $6 lower in 2019
Kristen Nelson Petroleum News
The U.S. Energy Information Administration said June 12 in its Short-Term Energy Outlook that Brent crude oil averaged $77 per barrel in May, up $5 per barrel from April, and the highest monthly average since November 2014.
“The forecast for Brent crude oil is for spot prices to remain above $70 pe....
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