Prices up, production down in latest EIA oil forecast

US agency predicts $69 per barrel for Brent in 2025, a $3 increase from previous projection

Pumpjacks operating in Kanas.
Pumpjacks operating in Kanas.Photo: AP/SCANPIX
Published 8 July 2025, 18:19Updated 9 July 2025, 06:29
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