EIA forecasts push oil price indices to new low
New York (UPI) Nov 13, 2014 - Crude oil prices continued their steady decline in Thursday trading after a U.S. administrator said total domestic oil production should increase short-term. West Texas Intermediate, the U.S. benchmark, shed more than $1 early Thursday to trade at $76.18 for the December contract. Crude oil prices have lost more than 20 percent of their value since June. Higher oil production in ... more
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