EIA forecasts dropping crude oil prices
US crude oil production expected to continue to grow over next 2 years, from 6.4 million bpd last year to 7.8 million bpd in 2014
The U.S. Energy Information Administration expects the Brent crude oil spot price to drop both this year and next. From an average of $112 per barrel last year, EIA said in its Feb. 11 Short-Term Energy Outlook, it expects Brent to average $109 per barrel this year and $101 per barrel in 2014. Brent....
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US production grows
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