EIA expects crude oil prices to average near USD50 per barrel through 2022

MOSCOW (MRC) -- In its January Short-Term Energy Outlook (STEO), the U.S. Energy Information Administration (EIA) expects global demand for petroleum liquids will be greater than global supply in 2021, especially during the first quarter, leading to inventory draws, as per Hydrocarbonprocessing.As a result, EIA expects the price of Brent crude oil to increase from its December 2020 avera

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