EIA chief: oil price spike will subsideHerrera: Decreasing output from OPEC member Syria another example of failure of technology, exploration to stem worldwide decline Kay Cashman & Alan Bailey Petroleum News
Current crude oil prices above $80 a barrel can’t be attributable solely to market fundamentals and, unless there is a major supply disruption, are unsustainable over the next few weeks and months, the head of the Energy Information Administration said Sept. 21.
EIA chief Guy Caruso said that oil m....
[additional news subjects in this story]
Prices not sustainable Ability of OPEC to boost output in doubt Herrera issues warning against complacency
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