# U.S. Shale, OPEC Pull Oil Prices in Opposite Directions - WSJ

> A WSJ analysis says competing U.S. shale output and OPEC supply cuts will keep oil prices in a $60 to $75 a barrel band this year. It cites an estimate that Brent will average about $67 a barrel in 2018.

- Date: 2018-02-13 · published 2018-02-13T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/66682-u-s-shale-opec-pull-oil-prices-in-opposite-directions-wsj
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

A forecast trading band gives feed buyers a reference for energy costs that feed into freight, fertilizer and biofuel economics. The view is neutral for crude because the upside and downside drivers offset each other.

## Read by commodity

- WTI: neutral
- BRENT: neutral

## Sources

- wsj.com: https://www.wsj.com/articles/u-s-shale-opec-pull-oil-prices-in-opposite-directions-1518532458

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