Low oil prices push US production downEIA forecasts Brent to average $60 per barrel this year, $67 in ’16; US production projected to continue falling through early ’16 KRISTEN NELSON Petroleum News
The U.S. Energy Information Administration is forecasting the North Sea Brent crude oil price to average $60 per barrel this year and $67 per barrel in 2016. EIA said in its Short-Term Energy Outlook, issued July 7, that during June Brent averaged $61 per barrel, down $3 per barrel from May, but not....
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WTI up $1 from May US production in decline Unattractive economic returns
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