VOL. XLIII
No. 24
12-June-2000
OPEC
US Department Of Energy Expects Tight Supply/Demand To Keep WTI Price Above $28/B
Continued tightness in global crude oil supply/demand will mean that prices will remain high for the near future, with WTI expected to stay above $28/B for most of the remainder of 2000, according to the Energy Information Administration (EIA) of the US Department of Energy. In the latest Short-Term Energy Outlook report, published 6 June, the EIA also predicts that crude prices...
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