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Vol. 24, No.41 Week of October 13, 2019
Providing coverage of Alaska and northern Canada's oil and gas industry


EIA: Brent to average $59 in 4th quarter

Agency sees downward price pressure as inventories rise in first half of 2020, with Brent falling to $57 per barrel by 2nd quarter

Kristen Nelson

Petroleum News

The Brent crude oil spot price averaged $63 per barrel in September, up $4 from August, the U.S. Energy Information Administration said Oct. 8 in its October Short-Term Energy Outlook. This Septemberís average was down $16 from September 2018. EIA said Brent prices began September at $61 per barrel....

    [additional news subjects in this story]

Drop in 2nd quarter

US production down in July

Natural gas


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