-
USA EIA Reveals Latest WTI Oil Price Forecasts
The U.S. Energy Information Administration (EIA) revealed its latest West Texas Intermediate (WTI) spot price forecasts in its January short term energy outlook (STEO), which was released recently. In that STEO, the EIA projected that the WTI spot price will average $70.31 per barrel in 2025 and $62.46 per barrel in 2026. The EIA’s previous STEO, which was released in December, forecast that the 2025 WTI spot price would average $69.12 per barrel. That STEO did not include a WTI spot price forecast for 2026. A quarterly breakdown included in the latest STEO showed that the EIA expects the WTI spot price to come in ... (full story)
- Comments
- Subscribe
-
- Older Stories
From boereport.com|Jan 17, 2025U.S. natural gas futures dropped about 5% on Friday from a two-year high in the prior session on forecasts for milder weather in late January and early February that should cut ...
From argusmedia.com|Jan 17, 2025The IMF is taking a slightly more upbeat view of the prospects for the global economy, revising upward its expectations for the US economy. But IMF officials are warning about the ...
From oilprice.com|Jan 17, 2025Diesel prices in Asia, Europe, and the U.S. jumped this week as the latest U.S. sanctions on Russia’s oil industry added to colder winter weather to boost futures prices and ...
-
- Newer Stories
From oilprice.com|Jan 17, 2025Weaker fuel demand and depressed refining margins in 2024 resulted in the first annual decline in China’s refinery throughput in over 20 years, excluding the pandemic lockdown ...
From boereport.com|Jan 17, 2025A potential increase in U.S. fossil fuels production and liquefied natural gas exports under Donald Trump’s incoming presidency could result in lower fuel prices, benefiting ...
From cnbc.com|Jan 17, 2025|1 commentOne major threat to the U.S. supply chain has been lifted, with a tentative deal to keep port workers from striking across the East and Gulf Coasts reached last week, but shippers ...
- Story Stats
- Posted: Jan 17, 2025 12:48pm
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 210
- Linked event:
