EIA drops WTI projected 4Q average to $49 per barrelAgency expects price to remain in mid-$40s through 2005 based on low inventories, limited prospects for large production increases outside of OPEC Petroleum News
The U.S. Department of Energy’s Energy Information Administration said Dec. 7 that it has lowered its projected fourth quarter average for West Texas Intermediate spot prices after “WTI prices eased sharply in November.”
U.S. spot prices for WTI crude oil have ranged from more than $50 per barrel to....
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Near-term price expected to remain in mid-$40s Henry Hub to average $6.03 per mcf in 2004
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