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IEA Stock Release And Opec+ Modest Increase Fail To Halt Oil/Gas Price Rally
Crude Oil News

EIA Short-Term Energy Outlook – forecasts Brent crude oil spot prices to average $53 per barrel (b) in both 2021 and 2022

January 12, 2021 Stu Turley

This edition of the Short-Term Energy Outlook (STEO) is the first to include forecasts for 2022. The January STEO remains subject to heightened levels of uncertainty because responses to COVID-19 continue to evolve. Reduced economic activity and […]

IEA Chief - Energy News Beat
Commodities

IEA chief says U.S. shale is needed for now as oil prices climb

January 12, 2021 Stu Turley

(Bloomberg) –Oil in New York climbed to a new 10-month high as the dollar declined, increasing the appeal of commodities priced in the currency. Futures rose 1.5% to above $53 a barrel, to the highest […]

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