EIA projects WTI at $64 per barrel in 2006Oil demand growth expected to be steady, only modest increase in spare oil production capacity, continued risks of instability Petroleum News
The U.S. Department of Energy’s Energy Information Administration expects crude oil prices to remain high, an average of $64 a barrel for West Texas Intermediate, through the end of the year, and then decline to an average of $61 per barrel next year.
The agency said in its March 7 short-term energ....
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Global oil markets Domestic production expected to increase Level gas demand expected this year
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