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Tag Archives: 000 bpd: EIA

U.S. crude output for 2018 to rise by 300,000 bpd: EIA

This edition of the Short-Term Energy Outlook is the first to include forecasts for 2018. Benchmark North Sea Brent crude oil spot prices averaged $53/barrel (b) in December, a $9/b increase from November. This was the first month since July 2015 in which Brent spot prices averaged more than $50/b. Brent crude oil prices are forecast to average $53/b in ...

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