OIL PRICES 2019-20: ABOVE $60
U.S. EIA - Short-Term Energy Outlook (STEO), February 2019
Global liquid fuels
• Brent crude oil spot prices averaged $59 per barrel (b) in January, up $2/b from December 2018 but $10/b lower than the average in January of last year. EIA forecasts Brent spot prices will average $61/b in 2019 and $62/b in 2020, compared with an average…
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