Oil Production Decline In Venezuela Drags Down Global Supply Growth, Says EIA in STEO

June 11, 2019 The U.S. Energy Information Administration (EIA) is forecasting that crude oil prices will continue to decline in 2019, based on lower global supply growth as a result of increasing crude oil production declines in Venezuela, in the June Short-Term Energy Outlook (STEO) that was released June 11. Lower than expected oil prices […]