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Energy Department cuts forecast for oil prices and 2018 US crude output - CNBC
CNBC | Energy Department cuts forecast for oil prices and 2018 US crude output CNBC EIA expects U.S. crude prices to average $48.95 this year, down from last month's forecast of $50.78. EIA trimmed its outlook for U.S. oil production to 9.9 million barrels a day. Some drillers will find it less profitable to drill for oil, EIA acting ... Lower oil prices set to slow 2018 growth in US crude production, says EIA |
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