EIA: Brent to average $82 in 4th quarter
September Short-Term Energy Outlook forecasts global oil consumption to exceed production causing reduction in global oil reserves
Kristen Nelson Petroleum News
Although Brent crude oil prices dropped to $73 per barrel Sept. 6, the U.S. Energy Information Administration said in its September Short-Term Energy Forecast, released Sept. 10, that it expects Brent to return to above $80 per barrel in September and to average $82 per barrel in the fourth quarter....
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Less oil produced than consumed Natural gas More solar
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