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EIA forecasts crude oil prices will decline through 2023

  • Green Car Congress faviconGreen Car Congress

    By mmillikinJan 13, 2022, 3:22 am252 pts
    Global oil consumption outpaced oil production for the six consecutive quarters ending with the fourth quarter of 2021 (4Q21), which has led to persistent withdrawals from global oil inventories and significant increases in crude oil prices. Crude oil production remained restrained as a result of curtailments…
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