The US Department of Energy raised its forecast for the price of “Brent” oil to 102.13 dollars per barrel from 102.09 dollars through the end of the year.
According to a report from the Ministry’s Energy Information Department, “Brent” crude will cost $ 94 per barrel in the first quarter of 2023 and $ 98 per barrel by the end of the year.
The US Department of Energy expects that the average price of a barrel of “Brent” oil in 2023 will be at $ 95.
Western takas, WTI (WTI) prices are anticipated to average $95 88 per barrel in 2022 and $89 93 per barrel in 2023.
In order to reach 11. 83 million barrels per day in 2022, the US Department of Energy increased its forecast for daily oil production in the country.
The Ministry has reduced expectations regarding the volume of production in 2023 by 50 thousand barrels of oil, to 12. 31 million barrels per day.
Origin: Tas.
In terms of oil prices, the US Department of Energy raises its forecasts.
About Author
