Short-term prices likely to remain low
Both the Energy Information Administration (EIA) and International Energy Agency (IEA) released their most recent pricing outlooks for the energy markets today, giving a glimpse into what two of the most widely followed energy agencies see as the future of energy markets.

The EIA’s Short Term Energy Outlook (STEO) forecasts prices out through 2016, while the IEA’s World Energy Outlook (WEO) takes a longer-term look at energy markets out to 2040. Both agencies believe that oil prices will remain below t...

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