(EnergyAsia, November 7, Friday) — The US Energy Information Administration expects West Texas Intermediate (WTI) crude oil price to average $87 a barrel in the fourth quarter as world oil demand continues to grow at a faster rate than supply. The agency noted the demand spurt is putting pressure on OPEC and inventories to…
MARKETS: US EIA expects WTI to average $87 a barrel in fourth quarter
Posted on November 8, 2007 by EnergyAsia