US Department of Energy raises Brent price forecast to $82.62 per barrel – Kommersant
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The US Department of Energy raised its forecast for the cost of Brent crude to $82.62 per barrel from $79.34 in 2023. This is stated in the report of the Energy Information Administration (EIA) of the Ministry of Energy, it leads TASS.
According to the forecast of the Ministry of Energy, the voluntary reduction of oil production by Saudi Arabia by 1 million barrels per day and the growing demand for the energy carrier will continue to influence the growth of oil prices until the end of the year. The agency expects that in November and December 2023 the price of Brent will reach $88 per barrel, in 2024 – an average of $86 per barrel.
Today, August 8, the cost of October Brent futures on the London ICE Futures exchange was $84.56 per barrel as of 17:45 Moscow time. Since the close of yesterday’s trading, prices have fallen by $0.78 (0.91%). The price of September futures for WTI oil on the New York Mercantile Exchange by this time was $81.18 per barrel, down $0.76 (0.93%) from the close of yesterday’s trading.
On the situation on the world oil market – in the material “Kommersant” “Black gold turned into shards”.
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