EIA expects lower crude oil prices for the second half of 2023 and for 2024 - U.S. Energy Information Administration (EIA)
![IG on X: "Trading the Trend: short Brent crude oil With the price of Brent crude oil has failed between $77.50 and $78.50 three consecutive times in the past month, we would IG on X: "Trading the Trend: short Brent crude oil With the price of Brent crude oil has failed between $77.50 and $78.50 three consecutive times in the past month, we would](https://pbs.twimg.com/media/FyBvjvAXoAEHptg.png:large)
IG on X: "Trading the Trend: short Brent crude oil With the price of Brent crude oil has failed between $77.50 and $78.50 three consecutive times in the past month, we would
![Oil - US Crude IG Client Sentiment: Our data shows traders are now net-short Oil - US Crude for the first time since Nov 05, 2022 when Oil - US Crude traded near 91.88. Oil - US Crude IG Client Sentiment: Our data shows traders are now net-short Oil - US Crude for the first time since Nov 05, 2022 when Oil - US Crude traded near 91.88.](https://a.c-dn.net/b/1lMkWe/chart-CL-202304111623__en.png.full.png)
Oil - US Crude IG Client Sentiment: Our data shows traders are now net-short Oil - US Crude for the first time since Nov 05, 2022 when Oil - US Crude traded near 91.88.
![Short positions in U.S. crude oil futures held by producers, merchants at nine-year high - U.S. Energy Information Administration (EIA) Short positions in U.S. crude oil futures held by producers, merchants at nine-year high - U.S. Energy Information Administration (EIA)](https://www.eia.gov/todayinenergy/images/2016.10.24/main.png)