EIA raises the average price forecast of gasoline

2022-09-22
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EIA raised the average price forecast of gasoline in summer

EIA raised the average price forecast of gasoline in summer

May 8, 2014

[China paint information] the U.S. Energy Information Administration (EIA) said in its may "short term energy outlook" report released on Tuesday that new energy vehicle power batteries will continue to grow rapidly this year, and the average retail price of gasoline in the United States in summer will be higher than previously expected

eia's latest forecast is that the average retail price of gasoline in the United States will reach $3.61/gallon during the peak driving season in summer, 3 cents higher than the average price in the same period last year, and 4 cents higher than EIA's forecast last month

eia said that the average retail price of gasoline in the United States in April was $3.66/gallon if the oil pipe was broken, and the average price in May would reach a peak of $3.72/gallon, and then it would gradually fall back to $3.51/gallon in September

eia raised its gasoline price forecast in the United States mainly because strong domestic and foreign demand led to high crude oil prices and declining gasoline inventories

however, the EIA predicted in its may outlook report that the average retail price of gasoline in the United States was $3.48/gallon in 2014 and $3.39/gallon in 2015, both lower than the average price of $3.51/gallon in 2013

eia raised the US crude oil price forecast for this year and next year, but the latest forecast price is still lower than the price level in 2013

eia predicts that the average price of U.S. benchmark WTI oil price in 2014 is $96.59/barrel, up 99 cents from the previous month's forecast, but $1.32 lower than the average price in 2013. EIA predicts that the average price of WTI oil price in 2015 will be $90.92/barrel

The EIA said that the US crude oil supply has reached an all-time high, which should depress oil prices

on Tuesday, the settlement price of WTI light and low sulfur crude oil futures in June on the New York Mercantile Exchange (NYMEX) rose by 2 cents to 99.50 U.S. dollars per barrel, although it was a little fanciful of foreigners. It once rose above the 100 yuan mark

eia also raised the global benchmark Brent oil price forecast. The latest forecast is that the average Brent oil price in 2014 is 106.26 dollars/barrel, higher than the forecast of 104.88 dollars/barrel last month; It is predicted that the average Brent oil price in 2015 will be 101.92 US dollars/barrel, which is also higher than the forecast of 100.92 US dollars/barrel last month, but both are lower than the average price of 108.64 US dollars/barrel in 2013

At present, China's plastic machinery industry is changing in the global market pattern

on Tuesday, the settlement price of June Brent crude oil futures on the London Intercontinental Exchange (ice) fell 66 cents to 107.06 US dollars/barrel, which was pressured by the resumption of Libyan oil supply

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