EIA: oil supplies stay tight, prices highEnergy Information Administration releases 2006 reference case, says crude prices will remain volatile, supplies tighter Petroleum News
The U.S. Department of Energy’s Energy Information Administration has released its reference case for 2006 and the agency says “world oil supplies are assumed to be tighter” than in its recent annual projections. As a result, world crude oil prices, while projected to fall to about $47 per barrel (a....
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Lower natural gas demand Volatility of oil prices
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