EIA cuts price expectations for US and cloth oil next year

Nov. 14, EIA Short-Term Energy Outlook Report: Brent price is expected to be $81/bbl in 2024, compared to previous expectations of $81/bbl. Brent price is expected to be $76/bbl in 2025, compared to previous expectations of $78/bbl. WTI crude oil price is expected to be $77/bbl in 2024, compared to previous expectations of $77/bbl. WTI crude oil price is expected to be $72/bbl in 2025, compared to previous expectations of $73/bbl.