EIA: Crude oil demand returns faster than supply, increasing prices and reducing inventories

Green Car Congress
By mmillikinNov 10, 2021, 3:22 am208 pts
The price of US benchmark West Texas Intermediate (WTI) crude oil is near its highest level since 2014, increasing rapidly from low prices in mid-2020 as demand returns faster than supply, according to the US Energy Information Administration (EIA). Because of the economic effects, government and business…

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