U.S. EIA Increases Oil Price Forecast Following OPEC+ Production Cut Extension

CleanTechnica
By US Energy Information AdministrationMar 23, 2024, 11:33 pm220 pts
We increased our forecast prices for crude oil and petroleum products for the remainder of 2024 in our March Short-Term Energy Outlook (STEO) following the announcement that OPEC+ will extend the existing voluntary production cuts through the second quarter of 2024. We now forecast significantly less…

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