EIA forecasts Brent at $63 through 2019
WTI expected to average $4 below Brent; US crude forecast at 10.7 million bpd this year, a new record, rising to 11.4 million in 2019
The U.S. Energy Information Administration’s forecast for Brent crude oil spot prices in its April Short-Term Energy Outlook remains roughly the same as the March outlook.
“The short-term outlook continues to forecast that Brent crude oil spot prices will average $63 per barrel in both 2018 and 201....
[additional news subjects in this story]
US crude production
US natural gas
Crude oil markets
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