Tag: non-OECD

Beyond China and India, energy consumption in non-OECD Asia continues to grow

Beyond China and India, energy consumption in non-OECD Asia continues to grow

In 2015, about 30 per cent of travel was in automobiles Based on projections in EIA’s International Energy Outlook 2017 (IEO2017), much of the future growth in world energy consumption will occur in the nations of Asia outside of the Organization for Economic Cooperation and Development (or non-OECD Asia). Although China and India account for most of […]

By September 19, 2017 0 Comments Read More →
Brent, WTI crude oil prices to average $50 per barrel through 2018

Brent, WTI crude oil prices to average $50 per barrel through 2018

Without further OPEC agreement, EIA expects lower prices in 2018 than forecast Brent crude oil spot prices to average $51/b in 2017 and $52/b in 2018. West Texas Intermediate (WTI) crude oil prices are expected to be $2/b lower than Brent prices in 2017 and 2018, according to the U.S. Energy Information Administration. Daily and […]