DAKOTA, USA Oil pricesdecline


The priceof oilcould riseto $73 in 2020, says theInternational Energy Agency(IEA) in its forecast releasedMonday.


February 11 th, 2015

The fallin crude oil, which has lost 60% sinceJune 2014butis experiencing areboundin recent days,should beunder controlin the mediumterm. Butwarnsthe agency, prices may not recovertheir pasthighs. According to the IEA,the oil marketwould entera 'new chapter': it is "transformedwitha more responsivebidpricein the pastand a requestthat is less".

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