Chapter 38: A World without Borders

The latest World Bank commodity price forecasts are shown in Table C1.3. Even that of November 2014 is substantially lower than the IEA forecast: that issued in July 1025 is lower still. . The IEA 2020 forecast suggests a range of $132-144/bbl (nominal, Table C1.1), the World Bank forecast for the same year is $102/bbl (Table C1.3). ................
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