Brent expected to average $65 in ’20
US crude production forecast to set new records, 13.3 million bpd in 2020, 13.7 million bpd in 2021, up from 12.2 million in 2019 Kristen Nelson Petroleum News
Brent crude oil spot prices are expected to average $65 per barrel this year and $68 per barrel in 2021, the U.S. Energy Information Administration said in its January Short-Term Energy Outlook, released Jan. 14, the first outlook to include forecasts through 2021.
“We expect Brent crude oil prices....
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US Crude production Natural gas
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