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What Are the EIA’s Latest Forecasts for WTI Crude Oil?

Keisha Bandz
What Are the EIA’s Latest Forecasts for WTI Crude Oil?

The EIA’s (U.S. Energy Information Administration) May Short-Term Energy Outlook Report noted that WTI (West Texas Intermediate) crude oil would average $66 per barrel in 2018 and $61 per barrel in 2019.