EIA: Short-term energy outlook

Forecast highlights, according to EIA:
Global liquid fuels

Brent crude oil spot prices averaged $65 per barrel (b) in November, down $16/b from October, the largest monthly average price decline since December 2014.

EIA expects Brent spot prices will average $61 in 2019 and that West Texas Intermediate (WTI) crude oil prices will average about $7/b lower than Brent prices next year. NYMEX WTI futures and options contract values for March 2019 delivery …

The post EIA: Short-term energy outlook appeared first on The Loadstar.

Source: The Loadstar

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