Day: 26 November 2021

Author | Legal Icon | Energy Expert

Barclays Forecasts Brent to be $80 in 2022; Says SPR Release Will have no Key Impact on Oil Prices

Brent Crude prices are expected to average $80 per barrel in 2022, according to Barclays, which increased its projection by $3, citing slower supply growth next year and faster inventory...
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The U.S. Releases 50Million Barrels of Crude Oil from SPR to Lower High Prices

  The US stated on Tuesday that it would release 50 million barrels of crude oil, with 32 million barrels coming from an exchange that will need to be replaced...
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