Announcement

Thursday, January 14, 2010

EIA sees crude oil averaging USD 80 a barrel in 2010

Energy Information Administration said in its monthly short term outlook West Texas crude oil prices, which averaged about USD 62 a barrel in 2009, will average about USD 80 in 2010 and about USD 84 in 2011.

EIA said in a statement that "The world oil market should gradually tighten in

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