EIA estimates US crude at 9.3 million bpd
Agency says Brent expected to average $53 this year, $56 in 2018; WTI forecast at almost $5 below Brent in 2018; had been $2 lower
West Texas Intermediate crude oil prices are forecast to be some $5 per barrel lower than Brent in 2018, the U.S. Energy Information Administration said in its November Short-Term Energy Outlook.
“Brent crude oil prices averaged almost $58 per barrel in October, the highest monthly average since Ju....
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US production up
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