Crude oil price forecast to fall in the first half of 2020

The Energy Information Administration forecasts Brent crude oil spot price will average $65 per barrel in 2020 and $68 per barrel in 2021

Oil prices simmered down in March says OPEC

Oil prices simmered down during March, suggested new figures released by OPEC yesterday. The Organisation of Petroleum Exporting Countries said its reference basket – basically its benchmark price – “retreated” by more than 5% in March to an average of $106.44 per barrel (/b). This was put down to all grades of oil counted in […]