EIA drops oil price projections furtherAgency says production more resilient to low prices than expected; Brent averages $32 in February, forecast to average $34 this year KRISTEN NELSON Petroleum News
The U.S. Energy Information Administration has dropped its forecast for average North Sea Brent crude oil prices to $34 per barrel for this year and $40 per barrel in 2017.
EIA said in its March 8 Short-Term Energy Outlook that those prices are $3 and $10 per barrel lower than in its February forec....
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Inventory growth larger Brent at $32 per barrel US production
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