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Vol. 20, No. 50 Week of December 13, 2015
Providing coverage of Alaska and northern Canada's oil and gas industry


Global oil inventories up, Brent down

EIA says global oil increased some 1.3 million bpd in November, causing downward pressure on North Sea Brent crude oil prices

KRISTEN NELSON

Petroleum News

North Sea Brent crude oil prices averaged $44 per barrel in November, the U.S. Energy Information Administration said in its Short-Term Energy Outlook released Dec. 8. That $44 per barrel average is a drop of $4 from the Brent average in October. EIA said it is forecasting that Brent crude oil pric....

    [additional news subjects in this story]

Production outpaces consumption

OPEC continues production

The price decrease


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