US EIA lowers oil price, demand forecasts

摘要

Washington-The US Energy Information Administration September 7 sharply reduced price forecasts for WTI crude oil and estimates of US liquid fuels demand for 2011 and 2012, reflecting the downturn in the global economy. The EIA's Short-Term Energy Outlook acknowledged that the agency's growth assumptions have been "lowered substantially" compared with the August outlook, which was issued just days before financial markets collapsed, oil prices sank and OPEC cut its own oil demand expectations.