WTI crude prices have finally begun their descent from the record peaks seen in October, and amid heated predictions that crude was destined for $60 per barrel, prices actually fell to $46.50. In the latest edition of its Global Crude Oil Outlook, US-based consultants ESAI said that while prices have ticked up recently because…
MARKETS: ESAI sees lower crude prices on slowing demand, increased production
Posted on November 26, 2004 by EnergyAsia