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Tag Archives: price

US Energy Agency Sees Big Drop in Crude Price Coming in 2019

The U.S. Energy Information Administration (EIA) on Tuesday released its Short-Term Energy Outlook (STEO) for December. EIA is now forecasting that the average price for a barrel of Brent crude oil will be $ 71.40 a barrel this year and just under $ 61 a barrel in 2019. West Texas Intermediate (WTI) crude is expected cost about $ 7 a ...

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