The US Department of Energy lowered the forecast for the price of Brent crude oil for 2023 from $84.09/bbl to $83.99/bbl, the monthly forecast of the Energy Information Administration of the department (EIA). According to the agency, the average spot price of Brent in October was $91/bbl, which is $3 less than the average in September.The EIA expects that the average price of Brent in the fourth quarter of 2023 will be at the level of $90/bbl.Among the …
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The US lowered the Brent price forecast for 2023
The US Department of Energy lowered the forecast for the price of Brent crude oil for 2023 from $84.09/bbl to $83.99/bbl, the monthly forecast of the Energy Information Administration of the department (EIA). According to the agency, the average spot price of Brent in October was $91/bbl, which is $3 less than the average in September.The EIA expects that the average price of Brent in the fourth quarter of 2023 will be at the level of $90/bbl.Among the …