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Recent OPEC agreement reflected in EIA forecast issued earlier this week">Recent OPEC agreement reflected in EIA forecast issued earlier this week

(Fri, 09 Dec 2016) In EIA’s December <em>Short-Term Energy Outlook</em> (STEO), both the West Texas Intermediate (WTI) and Brent crude oil 2017 price forecasts increased by about $1 per barrel (b) from the November STEO, with prices expected to average $51/b and $52/b, respectively.

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