Short-Term Energy Outlook - Market Prices and Uncertainty Report

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08 Aug

Short-Term Energy Outlook - Market Prices and Uncertainty Report">Short-Term Energy Outlook - Market Prices and Uncertainty Report

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(Tue, 09 Aug 2016) Crude oil prices broke below $45/b and out of of a two-month-long trading range in July. The front-month Brent crude oil price decreased $6.06 per barrel (b) since July 1, settling at $44.29/b on August 4 (Figure 1). The West Texas Intermediate (WTI) crude oil price settled at $41.93/b, declining $7.06/b over the same time.

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