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US energy outlook report

US energy outlook report latest

US Energy Department raises oil price forecasts for 2023-24, increases US crude output estimates
April 12th, 2023 - 08:17 GMT

US raises oil price forecasts for 2023-24

ALBAWABA - The U.S. Energy Information Administration (EIA) has raised its price forecasts for crude oil in 2023 and 2024 and increased its estimates for U.S. crude output. The information was listed in a short-term energy outlook report for April 2023. It showed that the average price of West Texas Intermediate crude oil may reach $79.24 per barrel in 2023, up 2.8 percent from March's estimate. The EIA also raised ...
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