# SHORT-TERM ENERGY OUTLOOK - See the December 12th Report HERE: U.S. Energy Information Administration - Canadian Energy News, Top Headlines, Commentaries, Features & Events - EnergyNow

> The EIA's December short-term outlook forecasts Brent averaging $57 per barrel in 2018, up from $54 in 2017. It also projects U.S. crude output reaching a record 10.0 million barrels per day in 2018.

- Date: 2017-12-12 · published 2017-12-12T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/67658-short-term-energy-outlook-see-the-december-12th-report-here-u-s-energy
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

A higher Brent forecast supports energy costs and biofuel economics, though record U.S. output limits upside for crude prices.

## Read by commodity

- WTI: bullish ▲
- BRENT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| BRENT | 2019-11-14 | [Oil Rises on Signs of U.S. Supply Drop, OPEC’s Shale Outlook - Energy News, Top Headlines, Commentaries, Features & Events - EnergyNow.com](https://feedsoft.ai/events/56235-oil-rises-on-signs-of-u-s-supply-drop-opec-s-shale-outlook-energy-news-top.md) | +1.2% | +3.6% |
| BRENT | 2018-06-29 | [Supply risks to bolster oil; OPEC unlikely to fill deficit - Energy News, Top Headlines, Commentaries, Features & Events - EnergyNow.com](https://feedsoft.ai/events/64685-supply-risks-to-bolster-oil-opec-unlikely-to-fill-deficit-energy-news-top.md) | +0.2% | -3.3% |
| BRENT | 2022-04-19 | [EIA expects summer U.S. real gasoline and diesel prices to be the highest since 2014 -
		U.S. Energy Information Administration (EIA)](https://feedsoft.ai/events/8172-eia-expects-summer-u-s-real-gasoline-and-diesel-prices-to-be-the-highest-since.md) | -10.0% | +2.3% |
| BRENT | 2019-01-15 | [Changes in marine fuel sulfur limits will put temporary upward pressure on diesel margins -
		U.S. Energy Information Administration (EIA)](https://feedsoft.ai/events/61267-changes-in-marine-fuel-sulfur-limits-will-put-temporary-upward-pressure-on.md) | +6.0% | +4.3% |
| BRENT | 2017-10-17 | [EIA Short-Term Energy Outlook - Fuels Market News](https://feedsoft.ai/events/68641-eia-short-term-energy-outlook-fuels-market-news.md) | -0.2% | +9.4% |
| WTI | 2019-11-14 | [Oil Rises on Signs of U.S. Supply Drop, OPEC’s Shale Outlook - Energy News, Top Headlines, Commentaries, Features & Events - EnergyNow.com](https://feedsoft.ai/events/56235-oil-rises-on-signs-of-u-s-supply-drop-opec-s-shale-outlook-energy-news-top.md) | -0.2% | +3.9% |
| WTI | 2018-06-29 | [Supply risks to bolster oil; OPEC unlikely to fill deficit - Energy News, Top Headlines, Commentaries, Features & Events - EnergyNow.com](https://feedsoft.ai/events/64685-supply-risks-to-bolster-oil-opec-unlikely-to-fill-deficit-energy-news-top.md) | +0.5% | -6.5% |
| WTI | 2022-04-19 | [EIA expects summer U.S. real gasoline and diesel prices to be the highest since 2014 -
		U.S. Energy Information Administration (EIA)](https://feedsoft.ai/events/8172-eia-expects-summer-u-s-real-gasoline-and-diesel-prices-to-be-the-highest-since.md) | -8.3% | +5.4% |

## Sources

- energynow.ca: https://energynow.ca/2017/12/short-term-energy-outlook-u-s-energy-information-administration/

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