VOL. XLIII
No. 51
18-December-2000
OPEC
US Energy Department Foresees Average Imported Crude Price Close To $30/B For 1H 2001
Revised assessments of OECD oil stocks and OPECs willingness to increase supplies to curb prices have persuaded the US Department of Energy (DoE) that crude prices will remain high for the next six months. In the December issue of its Short-Term Energy Outlook, published on 6 December, the DoEs Energy Information Administration (EIA) says: Recent price declines suggest more...
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