Brent at $52 this year, $54 in ’18US crude production to average 9.2 million bpd in 2017, 9.9 million bpd in 2018, breaking previous record of 9.6 million from 1970 Kristen Nelson Petroleum News
The U.S. Energy Information Administration said Oct. 11 that North Sea Brent crude oil spot prices averaged $56 per barrel in September, up $4 per barrel from the August average. In its October Short-Term Energy Outlook the agency said Brent is forecast to average $52 per barrel this year and $54 pe....
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