In its March ``Short-Term Energy Report,'' the DOE/EIA raised its oil price forecast for 2012 to $106/bbl, up $5/bbl from the previous forecast amid concerns over geopolitical tensions in the Middle East, growth in world demand and supply constraints in non-OPEC countries.
124702
EIA raises oil price forecast for 2012
4727
Oil prices to rise with increase in demand from India & China
118187
Oil prices shoot up
98206
Oil edges up towards $76
150727
Global oil prices are expected to rise:
20630
Oil rises to $104 per barrel
3497
Oil rises towards US$60
101134
Oil rises to above $64
155501
Oil prices climb above 75 dollars
90770
Oil rises 12 cents
115750
World oil consumption to rise
154029
World oil consumption to grow in 2012:
11879
Oil rises above $50;
124502
Oil rises to near $US73
29936
Oil price off highs as US dollar rises
49859
Oil rises above $50
159304
Oil rises to near $130 a barrel