EIA: US crude oil production up for July
Brent spot averaged $74 per barrel in July; EIA expects 2018 average of $72, dropping to $71 in 2019, with WTI averaging $6 lower
The Brent crude oil spot price averaged $74 per barrel in July, largely unchanged from June, the U.S. Energy Information Administration said Aug. 7 in its Short-Term Energy Outlook.
EIA said it expects Brent to average $72 this year and $71 in 2019, with West Texas Intermediate averaging about $6 p....
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