US EIA raises Brent avg price forecast for 2020 to $64.83

MOSCOW, Jan 15 (PRIME) -- The Energy Information Administration of the U.S. Energy Department has raised the forecast for an average price of the Brent oil blend in 2020 to U.S. $64.83 per barrel from $60.51, according to a monthly report released late on Tuesday.

The WTI price forecast was raised to $59.25 from $55.01.

The authority expects Brent to cost $67.53 in 2021 and WTI to $62.03.

End