EIA expects oil prices to remain above $20 a barrelOPEC compliance expected to remain relatively strong through winter; agency expects more production after March Petroleum News Alaska
The U.S. Department of Energy’s Energy Information Administration said Dec. 2 that it expects world oil prices for the remainder of 1999 and all of 2000 to remain above $20 a barrel.
The agency said it believes that prices will rise from average November levels (an estimated $23.50 per barrel for t....
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OPEC compliance forecast Non-OPEC production down Demand expected to grow
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