Washington-US crude supplies should be tight this winter, causing prices to climb, even if OPEC does not decide to further reduce output at its December meeting, US Energy Information Administration chief Guy Caruso said November 28. "Our numbers include a reduction of 800,000 b/d from OPEC" as a result of the group's October decision to trim production by 1.2 million b/d from November 1 in a bid to stem the fall in oil prices over the past two months, Caruso told Platts on the sidelines of a FutureFuels 2006 conference in Washington. "Given those numbers we figure it will be pretty tight this winter and prices will go up."
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