Tag Archives: lowers

Reduced offshore share in U.S. oil and natural gas production lowers risk from hurricanes

August 28, 2015 Source: U.S. Energy Information Administration, Offshore energy production in the Gulf of Mexico has experienced relatively minor disruptions because of tropical storms and hurricanes in recent years, and the National Oceanic and Atmospheric Administration (NOAA) has predicted a below-normal 2015 hurricane season in its updated , released on August 6. Hurricane-related risk […]

EIA lowers crude oil price forecast through 2016

August 19, 2015 Source: U.S. Energy Information Administration, , August 2015 Note: Similar confidence intervals cannot be established around the Brent futures price, as trading volumes on Brent futures contracts are relatively sparse compared to WTI trading volumes. Amid high uncertainty in the global oil market, EIA has lowered crude oil price forecasts in the […]

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