Home / Tag Archives: Energy Information Administration (US-EIA)

Tag Archives: Energy Information Administration (US-EIA)

Fears of crude oil price fall heighten as Nigeria, US, Libya’s outputs rise

OPEC Ibe kachukwu

The observed stability of light sweet crude in hitherto volatile Nigeria and Libya oil communities, plus stable US Shale explorations are becoming serious threats to global oil price which steadied at over $50 recently. The increase according to the US Energy Information Administration (US-EIA), is capable of contributing to a narrower price spread between light and medium crude. Already, EIA ...

Read More »