EIA: 4th quarter $77 WTI, $82 in 2011
Agency projects 82,000-bpd reduction in US crude oil production in 2011 resulting from six-month deepwater drilling moratorium
The U.S. Department of Energy’s Energy Information Administration is now projecting that the West Texas Intermediate crude oil spot price will average $77 in the fourth quarter and $82 in 2011, slightly down from its August forecast.
EIA said it based projections in its Sept. 8 short-term energy ou....
[additional news subjects in this story]
World oil market view largely unchanged
Non-OPEC supply up in 2010
Liquid fuels consumption up
Supply and imports
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