EIA: Brent crude spot price peaks in June
Combined US, Canada liquids production projected to grow by 1.6 million bpd in 2014, majority of non-OPEC increase of 1.7 million bpd
North Sea Brent crude oil spot prices peaked for the year at more than $115 per barrel June 19, the U.S. Energy Information Administration said July 8 in its June Short-Term Energy Outlook.
EIA attributed the spike primarily to upward price pressures due to unrest in Iraq.
The North Sea Brent spot....
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US crude production up
Natural gas storage low
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