Source: U.S. Energy Information Administration, Short-Term Energy Outlook, January 2017 Note: Confidence interval derived from options market information for the five trading days ending Jan 5, 2017. Intervals not calculated for months with sparse trading in near-the-money options contracts. The U.S. Energy Information Administration’s January Short-Term Energy Outlook (STEO) forecasts benchmark North Sea Brent and West Texas Intermediate (WTI) crude oil prices to average $53