EIA Lowers Price Forecast of US Oil in 2023 and 2024
US Energy Information Administration (EIA) estimates that the price of Brent crude will be $83.63/barrel in 2023 (previously estimated at $83.10/barrel).
SHANGHAI, Feb 8 (SMM) - US Energy Information Administration (EIA) estimates that the price of Brent crude will be $83.63/barrel in 2023 (previously estimated at $83.10/barrel) and $77.57/barrel in 2024 (previously estimated at $77.57/barrel); WTI crude oil price will be $77.84/barrel in 2023 (previously estimated at $95.74/barrel) and $71.57/barrel in 2024 (previously estimated at $88.58/barrel).
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