EIA forecasts Brent average of $59 in ’15February crude price up $10 from January, reflecting falling US rig counts, announced reductions in capital by major oil companies Kristen Nelson Petroleum News
Brent crude is forecast to average $59 a barrel this year and $75 a barrel in 2016, the U.S. Energy Information Administration said March 10 in its Short-Term Energy Outlook.
Brent averaged $58 per barrel in February, up $10 from its January average, “the first monthly average price increase since....
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9.4 million bpd Marketed natural gas record Gas prices low
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