Global oil inventories up, Brent downEIA 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....
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Production outpaces consumption OPEC continues production The price decrease
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