EIA: Crude prices likely to stay around $83 per barrel in 20

EIA: Crude prices likely to stay around $83 per barrel in 2024

"We expect OPEC+ production cuts will offset lower global demand growth, prevent increases in global oil inventories, and keep Brent prices above $80/barrel next year," EIA said in its latest short-term energy outlook. The 2024 annual average Brent price forecast of $83 is, however, lower than the $93 the agency had predicted in its outlook last month.

Related Keywords

Russia , China , India , Saudi Arabia , , Us Energy Information Administration , Information Administration , Eia , Crude Prices , Opec , Brent Oil , Oil Production , Indian Oil ,

© 2025 Vimarsana