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Vol. 30, No.24 Week of June 15, 2025
Providing coverage of Alaska and northern Canada's oil and gas industry


EIA: low 2025 crude oil prices expected

In June Short-Term Energy Outlook, agency says price, lower rig count, expected to affect short-term US crude production rates

Kristen Nelson

Petroleum News

Low oil prices and a dropping rig count are expected to affect U.S. crude oil production rates this year and next, the U.S. Energy Information Administration said in its June Short-Term Energy Outlook, released June 10. EIA said the Brent crude oil price is expected to drop to near $60 per barrel b....

    [additional news subjects in this story]

Oil prices

Inventories

Global production, consumption

Natural gas


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