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2015-11-11 19:55:00

OIL PRICES 2016: $56

OIL PRICES 2016: $56

North Sea Brent crude oil prices averaged $48/barrel (b) in October, a $1/b increase from September. Daily Brent prices have ranged between $45/b and $53/b since the beginning of September. Oil price volatility was lower during October than during August and September, but it remains elevated compared with levels in recent years.

EIA forecasts that Brent crude oil prices will average $54/b in 2015 and $56/b in 2016. The 2015 forecast price is unchanged from last month's STEO, and the 2016 forecast price is $2/b lower. Forecast West Texas Intermediate (WTI) crude oil prices average $4/b lower than the Brent price in 2015 and $5/b lower in 2016. The current values of futures…

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Tags: OIL, PRICES
Chronicle:
OIL PRICES 2016: $56
2019, August, 16, 10:10:00
MALAYSIA'S GDP UP 4.9%
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OIL PRICES 2016: $56
2019, August, 14, 12:25:00
OIL PRICE: NEAR $61 YET
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OIL PRICES 2016: $56
2019, August, 14, 12:20:00
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OIL PRICES 2016: $56
2019, August, 14, 12:15:00
MENA ENERGY INVESTMENT: $859 BLN
Oil, gas and petrochemical projects, valued at more than US $859 billion, are either underway or planned in the Middle East and North Africa, MENA, of these US $283 billion are projects are being implemented, as the region gets ready to meet the forecast increases in demand for energy over the next two decades.
OIL PRICES 2016: $56
2019, August, 14, 12:10:00
INDONESIA NEED INVESTMENT $15 BLN
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OIL PRICES 2016: $56
2019, August, 14, 12:05:00
IBERDOLA SALES WIND: $2 BLN
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OIL PRICES 2016: $56
2019, August, 14, 12:00:00
AUSTRALIA'S CLIMATE CASH $339 MLN
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