EIA Sees WTI Crude Averaging $44 In 2021

WTI Crude oil prices are expected to average $44.24 per barrel next year, the EIA said in its latest Short-Term Energy Outlook (STEO), with the forecast price not much higher than the $42 spot price early on Wednesday.   This year, WTI Crude prices are expected to average $38.24 per barrel, according to the EIA, which revised down slightly its estimates for the U.S. benchmark and for the international Brent benchmark compared to its estimates in the October STEO.   In the November STEO this week, the EIA sees Brent Crude prices averaging…