WorldOil Fracers arise from oil-price rout on a course to dominate 2018 Less than two weeks in, 2018 is shaping up to be the year of the fracer. EIA forecasts flat crude oil prices, increasing global production through 2019 EIA’s January Short-Term Energy Outlook forecasts Brent crude oil to average $60/bbl in 2018 and $61/bbl in 2019, slightly higher than the $54/bbl average in 2017. In both 2018 and 2019, EIA expects total global crude oil production to be slightly greater than global consumption, with U.S. crude oil production increasing more than any other country. Wood Mac: Five things to look for in 2018 Looking back, 2017 was the year when a glint of optimism returned to the upstream oil and gas industry. Will we see companies grow in confidence in 2018? With oil prices upwards of $60/bbl, investment stabilizing, and new project sanctions on the rise, we think so. Wave of LNG projects set to begin, even as projected glut looms The liquefied natural gas industry needs to start planning for shortages even as analysts project a glut starting next year, according to Sanford C. Bernstein and Co. Oil's famous five: People who could define the market in 2018 After ending 2017 at a two-year high, oil prices could go either way this year, and these five individuals could play defining roles. For oil investors, this may be as good as it gets in 2018 The new year’s $60-plus crude prices may be as good as it gets for oil traders if Moody’s Investors Service has it right. Rystad Energy: U.S. crude oil production capacity to reach 10 MMbpd Data released today from EIA for October largely confirms earlier predictions by Rystad Energy that U.S. oil production could reach 10 MMbpd at the end of 2017. Gas has biggest rally since October as Arctic freeze sets in U.S. natural gas staged the biggest rally in two months as a frigid forecast signaled demand for the power-plant fuel may surge to new highs through the start of 2018. Oil resurrection sets stage for another OPEC-shale clash in 2018 Oil continued its revival from the biggest crash in a generation, with prices set for a second annual gain after a year marked by hurricanes, Middle East conflict and the tussle between OPEC and U.S. shale. The biggest voices in oil disagree on 2018 outlook The two most critical forecasts of global oil markets offer contrasting visions for 2018: one in which OPEC finally succeeds in clearing a supply glut, and another where that goal remains elusive.