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Editor’s Note: If you are interested in adopting one of these animals, please check with the shelter or rescue to be sure the animal is still available. ....
Brent will average $83 per barrel in 2024, the EIA forecasted in a monthly report, versus an estimate the administration published last month of $93 per barrel. ....
Crude oil prices reversed their decline today, after the U.S. Energy Information Administration reported an estimated inventory draw of 4.3 million barrels for the week to December 8. ....
"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. ....