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Global oil price will decline through end of 2013, EIA forecasts

The global benchmark price of crude oil will fall through the end of 2013, as the United States continues to pump more oil and cut its need for imports, the federal Energy Information Administration forecast in a report this week.

via Fuel Fix http://fuelfix.com/blog/2013/08/22/global-oil-price-will-decline-through-end-of-2013-eia-forecasts/

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