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EIA forecasts oil prices to rise well into 2024

ALBAWABA – Brent crude oil prices will likely average around $78 per barrel in July, according to the US EIA Short-Term Energy Report, released July 11.

An Oil Supply Deficit Is Looming, And Traders Couldn t Care Less

Traders have largely overlooked the looming oil supply crunch as resilient global demand and supply cuts from countries like Saudi Arabia and Russia indicate a tightening oil market in the second half of the year.

US Pipeline Capacity Growth no Help for LNG

US Pipeline Capacity Growth no Help for LNG Mar 16, 2021 3:05:pm Summary US gas pipeline capacity has increased from November, though that growth has done little to support LNG export capability. by: Daniel Graeber The US increased its pipeline capacity between November and January, though at least one project to facilitate LNG exports was shelved, the US Energy Information Administration (EIA) reported on March 16. The EIA estimates that. Posted in:

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