09.04.2014 - EIA raises 2014 forecast on WTI crude-oil prices to nearly $96
Spot prices for West Texas Intermediate crude oil are expected to average at $95.60 a barrel this year up from a previous forecast of $95.33 a barrel, according to the monthly Short-Term Energy Outlook report issued Tuesday by the Energy Information Administration. The EIA also lowered its 2014 price forecast for Brent crude, the European oil benchmark, to $104.88 a barrel from $104.92 in the previous report, and said it expects an average 2015 price of $4.11 per million British thermal units for natural gas, down from the $4.14 previously expected...............................................Full Article: Source
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