US Department of Energy raises 2002 oil price forecast

The US Department of Energy has raised its 2002 oil price forecast due to rising tensions in the Middle East.

Mon, 08 Apr, 2002 - 19:37

The US Department of Energy has raised its 2002 oil price forecast due to rising tensions in the Middle East.

It warns warns in a new report that crude prices are likely to face a "broad range of uncertainty."

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