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$100 Oil Will Return Soon Enough: Study

Price will rebound with economy, likely to hit $200 a barrel in 2030

By Ambreen Ali, Newser User

Posted Nov 6, 2008 10:53 AM CST

(Newser) – If today’s price of $60 per barrel of oil seems too good to be true, that’s because it is. Oil prices will rebound to $100 a barrel once the economy recovers, and climb toward $200 by 2030, the market’s most comprehensive review... Read full story »

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$100 Oil Will Return Soon Enough: Study

Price will rebound with economy, likely to hit $200 a barrel in 2030

oil • Saudi Arabia • oil price • predictions • oil supply • $100 a barrel oil • oil companies • Big Oil

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More Newser Stories

Saudis May Boost Oil Supply Even Higher

But OPEC blames speculators and credit crisis for high prices

$4 Gas Expected This Spring

Energy Department predicts gas prices to peak soon

Oil Hits $104; OPEC Won't Budge

Cartel president blames 'mismanagement' of US economy for rising prices

Oil Flirts With Record-High $104

Passes inflation-adjusted all-time peak

Oil Hits Record $100 a Barrel

Disruptions in Nigeria, Mexico stoke supply concerns

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