EIA says prices to stabilize, then decline
Agency expects crude production to increase as OPEC+ raises production, US tight oil production accelerates, outpacing consumption Kristen Nelson Petroleum News
The U.S. Energy Information Administration expects Brent crude oil prices to stabilize mid-year, averaging some $68 per barrel in the third quarter, and then decrease to an average of $60 next year, the agency said in releasing its June Short-Term Energy Outlook June 8.
“In the coming months, we ex....
[additional news subjects in this story]
Brent prices Crude production Natural gas Oil-directed rotary rig count
You must be logged in to view this story. Please either log in or subscribe.
Click here to subscribe to Petroleum News for as low as $89 per year.
Subscribers log in here to read the entire newspaper (1998 to 05/24/2023)
|
Petroleum News - Phone: 1-907 522-9469
[email protected] --- https://www.petroleumnews.com ---
S U B S C R I B E
| 