News End-User News IEA Sees 2035 Crude at $247 Barrel, Almost Twice OPEC’s Forecast
IEA Sees 2035 Crude at $247 Barrel, Almost Twice OPEC’s Forecast
Wednesday, 25 January 2012 10:36
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The International Energy Agency expects nominal crude prices to reach $247 a barrel by 2035, almost twice the $133 assumed by the Organization of Petroleum Exporting Countries, even as expectations for demand converge.

Source: Bloomberg

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