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IEA: World oil supply, demand to rebalance by 2020 Posted 10 November 2015 by Admin. Blog, Industry News

The global oil market is expected to rebalance at $80/bbl by 2020, with further increases in price thereafter, as excess oil supplies are shed and demand
picks up, according to the central scenario of the
International Energy Agency’s 2015 World Energy Outlook,
released Nov. 10. read more

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