Mumbai, Nov. 11 -- The US Energy Information Administration or EIA has stated in a latest monthly update for Oct-26 that Crude oil prices rose for a third consecutive month in October as falling global inventories, attacks on oil tankers in the Persian Gulf, constrained shipping capacity, and higher transportation costs tightened supply. Amid these conditions, it expects the Brent crude oil spot price will remain near $100 per barrel (b) for the remainder of this year. EIA assumes most Middle East production outside Iran to return to pre-conflict averages by the middle of next year. As depleted global oil inventories build throughout next year, EIA forecast the Brent spot price will gradually fall to an average of $77/b in the fourth quarte...