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Vol. 24, No.50 Week of December 15, 2019
Providing coverage of Alaska and northern Canada's oil and gas industry


EIA expects Brent to average $61 in 2020

US crude production forecast to average 13.2 million bpd next year, up 900,000 bpd from 2019, but with slower growth rate expected

Kristen Nelson

Petroleum News

The U.S. Energy Information Administration said Dec. 10 in its Short-Term Energy Outlook that Brent crude oil spot prices averaged $63 per barrel in November, up $3 from October, with the agency’s forecast for Brent in 2020 at $61 per barrel, down from a 2019 average of $64. West Texas Intermediate....

    [additional news subjects in this story]

US exports

OPEC and prices

Natural gas


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