BP Spill Means Oil Prices Gain as Output Falls: Energy Markets
Posted on
June 13, 2010 by
bp complaints
BP Spill Means Oil Prices Gain as Output Falls: Energy Markets
June 9 (Bloomberg) — Higher crude prices and rising imports may be in store for the U.S. after the government slashed its forecasts for Gulf of Mexico output by 6.1 percent following the BP Plc spill, the worst in the nation’s history.
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It’s very likely the price of crude oil will increase further this week as consumer demand has steadily increased in the last couple of weeks .