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EIA forecasts Brent crude prices at $1o7/bbl for second quarter

The US Energy Information Administration (IEA) said yesterday in its Short-Term Energy Outlook that it sees Brent crude prices averaging $107 per barrel for the second quarter of the year., with prices coming in at $103 for the second quarter.

Tim Daiss
EIA forecasts Brent crude prices at $1o7/bbl for second quarter

The agency sees Brent crude prices dipping to $97 per barrel in 2023.  London-traded Brent crude is the global oil pricing index, while NYMX-traded West Texas Intermediate (WTI) crude remains the US pricing...

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