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Vol. 4, No. 11 Week of November 28, 1999
Providing coverage of Alaska and northern Canada's oil and gas industry


EIA expects world price of crude to remain above $20 through 2000

OPEC compliance with production quotas expected to continue strong through end of present agreement next March

Petroleum News Alaska

The U.S. Department of Energy’s Energy Information Administration said Nov. 4 that it expects the world price of crude oil to remain above $20 a barrel through 2000. The agency said it believes that prices will rise from average October levels (an estimated $21.50 per barrel for the price paid by U.....

    [additional news subjects in this story]

Stocks should be drawn down by end of winter

EIA forecasts OPEC compliance through March


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