US EIA hikes crude price forecast by US4/bbll

摘要

Washington-Third-quarter spot WTI crude prices should average us40.97/bbl,the US Energy Information Administration said Aug 10,nearly us4/bbl higher than the agency's estimate of a month ago."Price spikes are quite possible given the uncertainties surrounding terrorism,Iraq,Nigeria,the political situation in Venezuela and the Russian government's relationship with its largest oil producer,Yukos," EIA said in its Short-Term Energy Outlook.