The Energy Information Administration’s (EIA’s) latest Short Term Energy Outlook (STEO) forecasts that Brent crude oil prices will average $61/b in 2015 and $70/b in 2016, $1/b higher and $5/b lower than in last month's STEO, respectively. Average WTI (West Texas Intermediate) prices in 2015 and 2016 are expected to be $6/b and $5/b below […]
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