OIL PRICES 2019-20: $67
U.S. EIA - SHORT-TERM ENERGY OUTLOOK
Global liquid fuels
Brent crude oil spot prices averaged $71 per barrel (b) in May, largely unchanged from April 2019 and almost $6/b lower than the price in May of last year. However, Brent prices fell sharply in recent weeks, reaching $62/b on June 5. EIA forecasts Brent spot prices will average $67/b in 2019,…
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