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U.S. benchmark oil price to fall rest of 2013 -EIA report

Posted on 07 August 2013

The U.S. Energy Information Administration expects the price of U.S. benchmark crude oil to fall through the remainder of 2013 after rising to a 28-month high of more than $108 a barrel last month.
In its monthly short-term energy outlook report, the agency said the price of West Texas Intermediate, or WTI, crude–the main U.S. oil benchmark–would fall to as low as $96.50 a barrel in December, after hitting a high of $108.05 a barrel in July………………………………………..Full Article: Source


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