IEA predicts lower oil prices next year

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Consumers and businesses may get some relief from high fuel prices, according to the US Energy Information Administration (EIA), which, in its latest Short-Term Energy Outlook, has downgraded its expected price for benchmark WTI and Brent Crude futures by

IEA predicts potential decline in oil prices

Industrial Lubricants

Oil prices may have surged to over $80 per barrel in recent weeks, but the International Energy Agency (IEA) predicts that an uptick in US oil production will help to bring some balance to the oil markets and relieve the upward pressure