OIL PRICES 2019-20: $60-$62
U.S. EIA - SHORT-TERM ENERGY OUTLOOK
Global liquid fuels
Brent crude oil spot prices averaged $59 per barrel (b) in August, down $5/b from July and $13/b lower than the average from August of last year. EIA forecasts Brent spot prices will average $60/b in the fourth quarter of 2019 and $62/b in 2020. EIA forecasts that West Texas Intermediate…
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