![]() ![]() As with Monster High and Barbie: Life in the Dreamhouse, the line varies in different countries and varies in languages. It is a companion line to the Monster High dolls, with the characters being based upon characters from well-known fairy tales and fantasy stories instead of monsters and mythical creatures. (2015–2018)Įver After High is a fashion doll franchise released by Mattel in July 2013. ■Natural gas rose 14.8 cents to close at $2.943 per 1,000 cubic feet.The end is just the beginning. ■Heating oil fell 2.1 cents to close at $1.633 a gallon. ■Wholesale gasoline fell 0.6 cent to close at $1.269 a gallon. "Each successive trading session seems to bring a new bearish impetus," he wrote. Jim Ritterbusch, the firm's president, wrote in a note to investors Tuesday that he sees "little support" for oil this week. crude could go as low as $40.25 a barrel, says energy consultancy Ritterbusch and Associates. Many expect oil to fall further before turning around. Traders expect oil prices to rise again, but are struggling to guess when, and by how much. "Perhaps issuing projections is a fool's game," said Howard Gruenspecht, EIA's deputy administrator, in a conference call with reporters. But to illustrate the uncertainty in the market, it said December oil prices could range between $28 and $112 per barrel. The market signals that the agency uses to forecast prices are all over the place, and that uncertainty limits its ability to predict production levels.ĮIA forecasts that the average global price of crude will be $58 in 2015, and rise to $75 next year as demand for oil increases and global supply growth slows. If oil prices rise as expected in 2016, onshore oil production should climb again, and reach 9.5 million barrels per day, the second highest ever, after 1970's record 9.6 million barrels.īut the EIA says it is a particularly tough time to predict future prices, especially in distant months. production, including output from Alaska and the Gulf of Mexico, is still expected to rise, but by the slowest rate in four years. "Many oil companies have cut back on their exploration drilling in response to falling crude prices," EIA Administrator Adam Sieminski in a statement.įor the year, average U.S. Production from those fields is expected to peak at 7.4 million barrels per day in May, and fall to 7.2 million barrels per day by December. That rise, combined with more supplies from Iraq, Canada and elsewhere, is the main factor pulling down global oil prices.īut those lower prices have already begun to force drillers to delay or cancel plans for new exploration, and the EIA expects a slip in onshore production in the second half of this year. crude oil production over the past six years. Onshore fields in North Dakota, Texas and elsewhere have driven the enormous increase in U.S. It was EIA's first outlook to include forecasts for 2016. The forecast was part of a monthly outlook released by the Energy Department's Energy Information Administration. The national average stood at $2.12 a gallon Tuesday, according to AAA, the lowest in nearly six years. households will spend $750 less on gasoline this year than in 2014, because the average gasoline price will fall to $2.33 per gallon, from $3.36 last year, the Energy Department also forecast Tuesday. Low crude prices are leading to significant savings for buyers of diesel, gasoline, jet fuel and heating oil. refineries, fell 84 cents to close at $46.59 a barrel in London. Oil fell after the energy minister for the United Arab Emirates, a member of OPEC, suggested that the cartel will not lower production to reduce global supplies in an effort to reverse falling prices.īrent crude, an international benchmark used to price oil used by many U.S. That's the lowest since the spring of 2009, and a drop of 58 percent over the past six months. The price of oil fell Tuesday, dipping briefly under $45, before ending down 18 cents to $45.89 a barrel. The decline would mark the first such drop in what has been a six-year boom in U.S. shale operators will begin to tail off in the second half of the year. As oil's long slide continued, the Energy Department forecast Tuesday that production from U.S. ![]()
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