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Vol. 23, No.24 Week of June 17, 2018
Providing coverage of Alaska and northern Canada's oil and gas industry


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....

    [additional news subjects in this story]

US production

Natural gas

Crude prices


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