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    09.06.2016 08:37 U.S. Energy Information Administration (EIA) raises its oil price forecasts

    09.06.2016 08:37

    U.S. Energy Information Administration (EIA) raises its oil price forecasts

     

    The U.S. Energy Information Administration (EIA) upgraded its oil price forecasts on Tuesday. The agency expects WTI crude price to be $42.83 a barrel in 2016, up from a previous estimate of $40.32, and $51.82 a barrel in 2017. Brent crude price is expected to be $43.03 a barrel in 2016, up from a previous estimate of $40.52, and $51.82 a barrel in 2017.

     

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