2011 EIA Crude Price Estimate Adjusted 8.5% Higher

摘要

Prices for the NYMEX's benchmark West Texas Intermediate (WTI) crude settled at US$91.11 per barrel (/bbl) on January 11 - the same day the U.S. Energy Information Administra?tion (EIA) issued its revised Short Term Energy Outlook (STEO). The STEO predicts that, spot WTI will ramp to $93.42/bbl - up 8.5% from the $86.08/bbl annual crude price forecast released a few weeks ago on December 7.