The U.S. Energy Information Administration projects crude oil prices to exceed $95 per barrel for the next two months, influenced by ongoing Middle East conflicts. #EnergyOutlook #OilPrices
#Brent crude forecast cut to $78/b for 2025 amid slowing global demand, while propane prices are set to drop 15% and diesel down 5%. #NaturalGas prices expected to rise to $3.10/MMBtu due to increased #LNG exports. U.S. #Electricity demand grew 3% in 2024 from higher summer temps, with more growth expected in 2025.
