EIA: Brent down, US crude production up
11 million bpd record last year; new record expected this year; natural gas exports at 9.9 bcf per day last year, forecast to rise
Kristen Nelson Petroleum News
In its latest Short-Term Energy Outlook, issued June 11, the U.S. Energy Information Administration dropped its 2019 forecast for Brent crude oil spot prices to $67 per barrel, down $3 per barrel from its May outlook. EIA is forecasting Brent to remain at that $67 per barrel average in 2020.
“EIA n....
[additional news subjects in this story]
Natural gas Oil price volatility Global crude production
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