EIA ups projection for Brent crude oilPrice expected to average $112 per barrel this year, $103 in 2013, both about 3 percent higher than agency forecast in August Kristen Nelson Petroleum News
The U.S. Energy Information Administration has upped its projection for Brent crude oil spot prices and now expects Brent to average $112 per barrel this year and $103 in 2013, both increases of about 3 percent from its August projections.
In its Short-Term Energy Outlook, issued Sept. 11, EIA note....
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