# EIA Short-Term Energy Outlook - Fuels Market News

> EIA's September Short-Term Energy Outlook expects Brent to average $73 per barrel in 2018 and $74 in 2019, with WTI about $6 lower. US crude output is forecast at 10.7 million b/d in 2018 and 11.5 million in 2019. Dry gas production is forecast at a record 81.0 Bcf/d in 2018, up 7.4 Bcf/d from 2017.

- Date: 2018-09-12 · published 2018-09-12T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/63219-eia-short-term-energy-outlook-fuels-market-news
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Rising US oil and gas output adds supply that caps crude and gas prices. Brent is forecast to stay in a stable $72 to $76 range, so the outlook implies no major price shock.

## Read by commodity

- WTI: neutral
- BRENT: neutral
- NATGAS: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| BRENT | 2018-04-12 | [EIA: Short-Term Energy Outlook - Fuels Market News](https://feedsoft.ai/events/65697-eia-short-term-energy-outlook-fuels-market-news.md) | +1.7% | +6.9% |
| BRENT | 2020-01-16 | [EIA Short-Term Energy Outlook - Fuels Market News](https://feedsoft.ai/events/55279-eia-short-term-energy-outlook-fuels-market-news.md) | -1.5% | -12.5% |
| BRENT | 2022-03-31 | [Statement about Oil Market Report data - IEA](https://feedsoft.ai/events/42181-statement-about-oil-market-report-data-iea.md) | -11.9% | -6.8% |
| BRENT | 2023-11-14 | [Oil Market Report - November 2023 - IEA](https://feedsoft.ai/events/33372-oil-market-report-november-2023-iea.md) | -0.6% | -8.9% |
| BRENT | 2023-10-12 | [Oil Market Report - October 2023 - IEA](https://feedsoft.ai/events/9278-oil-market-report-october-2023-iea.md) | +5.8% | -7.2% |
| WTI | 2018-10-16 | [EIA Short-Term Energy Outlook - Fuels Market News](https://feedsoft.ai/events/62749-eia-short-term-energy-outlook-fuels-market-news.md) | -3.6% | -16.6% |
| WTI | 2018-04-12 | [EIA: Short-Term Energy Outlook - Fuels Market News](https://feedsoft.ai/events/65697-eia-short-term-energy-outlook-fuels-market-news.md) | +2.4% | +6.5% |
| WTI | 2017-10-12 | [EIA: October Short-Term Energy Outlook - Mansfield Energy](https://feedsoft.ai/events/68646-eia-october-short-term-energy-outlook-mansfield-energy.md) | +1.5% | +10.8% |

## Sources

- fuelsmarketnews.com: https://fuelsmarketnews.com/eia-short-term-energy-outlook-16/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.