U.S. EIA Forecasts Lower Oil Price in 2025 Amid Significant Market Uncertainties
We forecast benchmark Brent crude oil prices will fall from an average of $81 per barrel (b) in 2024 to $74/b in 2025 and $66/b in 2026, as strong global growth in production of petroleum and other liquids and slower demand growth put downward pressure on prices and help offset heightened geopolitical risks and ... [continued] The post U.S. EIA Forecasts Lower Oil Price in 2025 Amid Significant Market Uncertainties appeared first on CleanTechnica.
We forecast benchmark Brent crude oil prices will fall from an average of $81 per barrel (b) in 2024 to $74/b in 2025 and $66/b in 2026, as strong global growth in production of petroleum and other liquids and slower demand growth put downward pressure on prices and help offset heightened geopolitical risks and ... [continued]
The post U.S. EIA Forecasts Lower Oil Price in 2025 Amid Significant Market Uncertainties appeared first on CleanTechnica.
What's Your Reaction?
