We forecast benchmark Brent crude oil prices will fall from an average of $81 per barrel (b) in 2024 to $74/b in 2025 and $66/b in 2026, as strong global growth in production of petroleum and other liquids and slower demand growth put downward pressure on prices and help offset heightened geopolitical risks and voluntary production restraint from OPEC+ members. This forecast was completed before the United States issued additional sanctions targeting Russia’s oil sector on January 10, which have the potential to reduce Russia’s oil exports to the global market.
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Special Marine Warning issued June 21 at 2:32AM EDT until June 21 at 3:30AM EDT by NWS Marquette MI
SMWMQT The National Weather Service in Marquette has issued a * Special Marine Warning for... Black River To Ontonagon MI... Lake Superior from Saxon Harbor WI to Upper Entrance to Portage Canal MI 5NM off shore to the US/Canadian border including Isle Royale National Park... Ontonagon to Upper Entrance of Portage Canal MI... Saxon Harbor WI to Black River MI... * Until 330 AM EDT. * At 232 AM EDT, a severe thunderstorm was located 22 nm east of Oak Island, or 22 nm southwest of The Western Lake Superior Buoy, moving northeast at 50 knots. HAZARD...Wind gusts to 40
Special Marine Warning issued June 21 at 1:20AM CDT until June 21 at 2:00AM CDT by NWS Duluth MN
For the following areas... Grand Marais to Taconite Harbor MN... Lake Superior west of a line from Saxon Harbor WI to Grand Portage MN beyond 5NM... Silver Bay Harbor to Two Harbors MN... Taconite Harbor to Silver Bay Harbor MN... At 119 AM CDT, severe thunderstorms were located along a line extending from 9 nm west of Sugar Loaf Cove to 11 nm north of Devils Island, moving northeast at 35 knots. HAZARD...Wind gusts to 40 knots and large hail. SOURCE...Radar indicated. IMPACT...Small craft could be damaged in briefly higher winds and suddenly higher waves. Large hail could result in
Small Craft Advisory issued June 20 at 10:22PM PDT until June 21 at 2:00PM PDT by NWS Seattle WA
* WHAT...Northwest winds 15 to 25 kt and seas 8 to 10 ft. * WHERE...Coastal Waters from Cape Flattery to Cape Shoalwater 10 to 60 nm. * WHEN...Until 2 PM PDT Saturday. * IMPACTS...Conditions will be hazardous to small craft.