EIA projects $70 oil in fourth quarterHenry Hub spot price expected to average less than $4 per mcf this year, rise to $5.48 in 2010 based on current decline in drilling Petroleum News
The U.S. Department of Energy’s Energy Information Administration said Aug. 11 that it expects the West Texas Intermediate crude oil price to remain roughly flat at $70 per barrel in the fourth quarter, an increase of some $27 compared with the first quarter. The agency noted recent volatility in th....
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Global economy Natural gas consumption LNG imports up
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