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Vol. 26, No.24 Week of June 13, 2021
Providing coverage of Alaska and northern Canada's oil and gas industry


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


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