NEWS ARCHIVE

EIA cuts 2016 crude expectations

BRENT crude prices will remain below a $US70 a barrel average in 2016 according to the US Energy ...

"EIA forecasts Brent crude oil prices will average $61/bbl in 2015 and $67/bbl in 2016," the government agency said. "The 2016 price forecast is $3/bbl [4%] lower than in last month's STEO." EIA said...

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