Record-high US oil output and slowing, but steady economic growth have increased stability in global oil prices, US Energy Secretary Dan Brouillette said Friday. Receive daily email alerts, subscriber notes & personalize your experience. Register Now Brouillette expects oil prices to remain stable for the next two to three years. “For the near term, based on what we see in the marketplace, what we see around the world, I think we’re looking at very, very stable pricing,” he said during an appearance at the Atlantic Council. Brouillette said growing US oil output, which the US Energy Information Administration forecasts will climb from an average of 12.24 million b/d in 2019 to 13.3 million b/d in […]