EIA forecasts $58 Brent in ’15; $75 in ’16Agency says US crude oil production will average 9.3 million bpd this year, 9.5 million in ’16, close to 1970 high of 9.6 million Kristen Nelson Petroleum News
The U.S. Energy Information Administration is forecasting a Brent crude oil price averaging $58 per barrel this year, and $75 per barrel in 2016.
In its February Short-Term Energy Outlook EIA said January was the seventh month in a row of decreasing North Sea Brent crude oil prices. Brent reached $....
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Global consumption issues Production growth US production Natural gas
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