EIA
EIA Short Term Energy Outlook Oil Price Forecast – Beragampengetahuan
Peak price 2023Q4 at $87.7/bbl (WTI), $92.7/bbl (Brent). WTI forecast below: Source: STEO, 12 Sep 2023. Futures imply slightly lower prices than the STEO. Update, 9/13, noon Pacific: Reader Steve Kopits notes that futures are typically in backwardation, i.e., futures prices are below current spot prices. That is true. However, as I have observed on […]