The EIA today released data on the main energy producing industries in the U.S, and its predictions for 2019.
Commodities pricing
In July 2018, Brent crude oil spot prices averaged $74 per barrel (b), which is largely unchanged from the average in June. EIA expects Brent spot prices will average $72/b in 2018 and $71/b in 2019. EIA also expects West Texas Intermediate (WTI) crude oil prices will average about $6/b lower than Brent prices in 2018 and in 2019. NYMEX WTI futures and options contract values for November 2018 delivery that traded ...


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