EIA forecasts crude oil prices will fall in the first half of 2020, then rise through 2021

In the U.S. Energy Information Administration’s (EIA) January Short-Term Energy Outlook (STEO), EIA forecasts that the Brent crude oil spot price will average $65 per barrel (b) in 2020 and $68/b in 2021 and that the West Texas Intermediate (WTI) spot price will average $59/b in 2020 and $62/b in 2021. Source: Today in Energy – EIA forecasts crude oil prices will fall in the first half of 2020, then rise through 2021

Continue reading EIA forecasts crude oil prices will fall in the first half of 2020, then rise through 2021. This article appeared first on CTRM Center.

Source: CTRM Center

Related Posts

Leave a reply