Roundup: U.S. EIA expects global crude oil price to fall below 100 USD in 2023


HOUSTON, April 12 (Xinhua) -- The U.S. Energy Information Administration (EIA) forecasted in a report on Tuesday that the global crude oil price will decline to below 100 U.S. dollars in 2023.

In its April's Short-Term Energy Outlook, the EIA said Brent crude oil price will average 108 dollars per barrel in the second quarter of 2022, 102 dollars per barrel in the second half of this year and further decline to 93 dollars per barrel in 2023.

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