EIA increases WTI crude forecast priceNon-OECD oil demand growth to more than offset slowing OECD consumption; first growth in oil consumption in 5 quarters expected Petroleum News
The Department of Energy’s Energy Information Administration is forecasting an increase for the price of West Texas Intermediate crude oil — up $7 per barrel compared with the EIA’s October outlook.
In its current short-term energy outlook, released Nov. 10, EIA said it expects WTI to average $77 p....
[additional news subjects in this story]
Global crude oil Prices up 8 percent Natural gas consumption down
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