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NEWS ABOUT: DIW German Institute

More About:  $100 a barrel oil weak dollar crude oil oil price Germany oil energy

$200 Oil on Horizon: Economists

Decreasing supply will mean increasing prices

(Newser) - The price of oil could surge to $150 in five years and $200 in 10 years, a prominent German economic institute reports. "Oil supplies are becoming increasingly scarce and that will continue to drive up prices," said one energy expert. Oil prices hit $100 yesterday for the first... More »

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