november 1999 highlights international oil markets prices world for the remainder of and all 2000 are expected to remain above 20 per barrel eia believes that will rise from average october levels an estimated 21 50 price paid by us refiners imported crude 2 december is then at 23 in january due increased demand winter y2k precautionary building end user inventories see a brief discussion on impacts below before gradually declining 00 this forecast assumes opec compliance remains relatively strong through but production increases after march either increase quotas or decrease current even with supplies non countries profile should draw down stocks well normal period since exceeded supply over 1 million barrels day large may
