Eia forecast oil price

The EIA has revised downward again its oil price forecast in October’s Short Term Energy Outlook (STEO), shaving another $5 per barrel off its forecast compared to last month’s STEO.. The Short-Term Energy Outlook - U.S. Energy ... - eia.gov 18 hours ago · For all of 2020, EIA expects U.S. regular gasoline retail prices to average $1.86/gal and gasoline retail prices for all grades to average $1.97/gal. EIA has revised its current forecast of domestic crude oil production down from the March STEO, as a result of lower crude oil prices. EIA raises 2020 oil price forecasts, sees U.S. crude ... Jan 14, 2020 · The EIA pegged its 2020 WTI oil forecast at $59.25 a barrel, up 7.7% from its previous view. It lifted its Brent crude price forecast by 7.1% to $64.83 for 2020. U.S. Slashes 2020 Oil-Output Forecast Ahead of OPEC+ ...

OIL PRICE FORECAST FOR 2020, 2021, 2022 AND 2023

Jan 22, 2020 · The price of crude oil is forecast to fall in the first half of this year, according to a new report.. The US Energy Information Administration (EIA) forecasts Brent crude oil spot price will EIA cuts global oil demand forecast after coronavirus ... The U.S. Energy Information Administration on Tuesday cut its global oil demand growth forecast for this year by 310,000 barrels per day (bpd) as the coronavirus outbreak dents oil consumption in EIA revises down Brent price forecast by $18 for 2020 The U.S.' Energy Information Administration (EIA) has revised down its Brent crude oil price forecast for 2020 by $18 per barrel, according to its monthly Short-Term Energy Outlook (STEO) report

Nov 07, 2019 · Brent crude oil spot prices averaged $59 per barrel (b) in August, down $5/b from July and $13/b lower than the average from August of last year. EIA forecasts Brent spot prices will average $60/b in the fourth quarter of 2019 and $62/b in 2020.

Oil Price Fundamental Daily Forecast – EIA Report to Show ... 3 hours ago · Oil Price Fundamental Daily Forecast – EIA Report to Show Sharp Rise in Crude Oil, Gasoline Stockpiles Ahead of Thursday’s OPEC meeting, … EIA Cuts 2020 Oil Demand Forecast By 378,000 Bpd ... After on Friday OPEC slashed its oil demand outlook for this year by 230,000 bpd, the Energy Information Administration followed, revising its global oil demand forecast for 2020