EIA forecasts rising global oil production will limit price increases

Green Car Congress
By mmillikinJun 16, 2021, 3:01 am228 pts
In the June Short-Term Energy Outlook (STEO), the US Energy Information Administration (EIA) forecasts that rising global production of petroleum and other liquid fuels (driven by OPEC, Russia, and the United States) will limit price increases for global crude oil benchmarks Brent and West Texas Intermediate…

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EIA forecasts rising global oil production will limit price increases

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