°ÄÃÅÁùºÏ²Ê¸ßÊÖ

  • Jobs 0
  • Tenders 0
  • Visits
  • FAQs
  • Contact us
  • °ÄÃÅÁùºÏ²Ê¸ßÊÖ directory
  • Subscribe

    Subscribe to the newsletter

    Your email address will only be used for the purpose of sending you the °ÄÃÅÁùºÏ²Ê¸ßÊÖ Organization publication(s) that you have requested. °ÄÃÅÁùºÏ²Ê¸ßÊÖ Organization will not transfer your email address or other personal data to any other party or use it for commercial purposes.

    If you change your mind, you can easily unsubscribe by clicking the unsubscribe option at the bottom of an email you've received from °ÄÃÅÁùºÏ²Ê¸ßÊÖ Organization. modification test 

    For more information, see our Privacy policy.

    Select your newsletters:

  • Donate

IEA predicts oil prices could top $200/barrel by 2030

24 Nov 2008 - Sabina Griffith

The International Energy Agency (IEA) warned in its last report that the current investment decline in the energy sector as a result of the global credit squeeze could push oil prices to a new high in the long run. And that could further slow the eventual economic recovery. Affected by weakening demand, international oil prices plunged from a record $147 in July to $55 on Monday. But the IEA says the slump won't last long. In its latest report on the World Energy Outlook, the IEA predicts oil prices could rebound and top $200/barrel by 2030 as supplies grow tight again when world energy demand picks back up. To read the full report, click here.

Return to newsline