EIA's Short Term Energy Outlook was pretty bearish on oil as...
EIA's Short Term Energy Outlook was pretty bearish on oil as prices are expected to stay roughly flat in 2024 before falling into 2025. Of course, there is a wide confidence interval on these things, but it seems convinced that record level oil production in the US will offset OPEC+ output that is well below the 5-year avg.
![EIA's Short Term Energy Outlook was pretty bearish on oil as prices are expected to stay roughly flat in 2024 before falling into 2025. Of course, there is a wi...](https://ussnsimg.moomoo.com/feed_image/70694406/c5084d644e3739e4bbfd7feefbc1cf64.jpg/bigmoo)
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