-
Categories
-
Pharmaceutical Intermediates
-
Active Pharmaceutical Ingredients
-
Food Additives
- Industrial Coatings
- Agrochemicals
- Dyes and Pigments
- Surfactant
- Flavors and Fragrances
- Chemical Reagents
- Catalyst and Auxiliary
- Natural Products
- Inorganic Chemistry
-
Organic Chemistry
-
Biochemical Engineering
- Analytical Chemistry
-
Cosmetic Ingredient
- Water Treatment Chemical
-
Pharmaceutical Intermediates
Promotion
ECHEMI Mall
Wholesale
Weekly Price
Exhibition
News
-
Trade Service
According to Dow Jones on July 13, the "Short-term Energy Outlook" monthly report released on Tuesday, the US Energy Information Administration (EIA) lowered its price forecasts for US and global benchmark crude oil in 2022 and 2023, and lowered its forecast
for natural gas prices this year.
Brent crude is expected to average $104.
05 a barrel this year, down 3.
1 percent
from its June forecast, EIA said.
West Texas Intermediate (WTI) crude is expected to average $98.
79 per barrel, down 3.
6 percent
from the previous forecast.
EIA also lowered its WTI crude price forecast for 2023 by 3.
7% to $89.
75 per barrel and Brent crude oil price forecast by 3.
6% to $
93.
75 per barrel.
U.
S.
oil production is expected to average 12.
8 million barrels per day in 2023, down 1.
5 percent
from its June forecast, the EIA said.
At the same time, the EIA also lowered its 2022 natural gas price forecast by 18.
7% to $
6.
02 per million British thermal heat.
