EIA revises up 2020 oil price forecasts on larger forecast stock draws added to Google Docs

EIA revises up 2020 oil price forecasts on larger forecast stock draws

In its August Short-Term Energy Outlook, the US Energy Information Administration forecasts Brent crude oil spot prices will average $41/bbl in 2020 and $50/bbl in 2021 and WTI spot prices will average $39/bbl in 2020 and $46/bbl in 2021.

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Created August 12, 2020 at 01:20AM
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