Brent prices will remain stable around the 2023 average of $82/bl in 2024, with a slight decrease to $79/bl in 2025, according to the EIA outlook. The WTI price will be slightly lower but similarly flat.Energy Argus petroleum coke group...
In its short-term energy outlook for May, the EIA lowered its forecast for the average price of Brent crude oil in 2023 by US$6.36/barrel to US$78.65/barrel, much lower than its forecast of US$85/barrel in April. Similarly...
EIA estimates that the spot price for Brent crude, like WTI, will be higher this year than next, averaging $101/bbl in 2022 and $92 in 2023. November’s average Brent spot price was at $91, EIA calculates. “Although the average November Brent price was slightly lower than in October,...
原文如下: EIA Lifts Projection for Average 2020 Oil Price The EIA says in its monthly Short Term Energy Outlook US crude oil production could average 11.7M bpd this year vs 12.2 last year and versus a 2020 projection of 11.8M bpd in its month-ago report. EIA also sees WTI oil prices a...
WTI crude prices are expected to average $79.24/bbl this year, up from March’s forecast of $77.10/bbl. “The higher price forecast reflects a forecast for less global production in 2023 and a relatively unchanged outlook for global oil consumption,” the EIA said. ...
, and with storage levels nearly 20 percent above the five-year average, prices look set to remain in check. (Click to enlarge) 5) Another factor which will help to keep a lid on natural gas prices is a return to rising production (after it dropped in 2016 for the first year in ...
According to the STEO, the EIA sees the Brent spot average coming in at $83.63 per barrel in 2023 and $77.57 per barrel in 2024. In its previous STEO, which was released in January, the EIA projected that the Brent spot price would average $83.10 per barrel in 2023 and $77.57 per ba...
“We expect that the price of Brent will fall from an average of $84/bbl in October 2021 to $66/bbl in December 2022 and the price of WTI will fall from an average of $81/bbl in October 2021 to $62/bbl in December 2022,” the EIA wrote in a report on Nov. 18. On Nov. 18...
In the East Coast PADD 1, diesel prices fell by 5.3 cents to settle at an average price of $2.671/gallon. Within PADD 1, New England prices fell by 5.6 cents to average $2.793/gallon. Central Atlantic diesel prices fell by 4.5 cents to average $2.866/gallon. Lower Atlantic prices decrea...
The consensus is that today's weekly EIA crude inventories will climb by +3.0 million bbl, and gasoline supplies will fall by -1.0 million bbl. Last Wednesday's EIA report showed that (1) US crude oil inventories as of February 7 were -4.2% below the seasonal 5-year average, (2) gaso...