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Samples in periodicals archive:
Summary: The price of oil will reach $125 a barrel in 2035, the International Energy Agency said on Monday, up from the current price of about $107.
However, he did not rule out possibility that the price of oil would fall below USD 100 pb, due to geo-political factors or instability of demand and supply.
Except for countries where the price of oil is regulated or subsidized in certain ways, disruptions related to oil production that occur anywhere in the world raise the price of oil for every consumer of oil, regardless of the amount of oil imported or exported by that consumer's country," says the report.
The ministry of finance had based its projections on the price of oil for less than $40 per barrel, and estimated the revenues to be a lot less than both prevailing and expected oil prices, the study said.
This is really an oil play as this pair has a tendency to fall as the price of oil rises.
As soon as the price of oil went up the fat cats could not wait to put up gas prices.
Lawmakers in Afghanistan on Thursday stripped the country's commerce minister of his duties for failing to control the spiralling price of oil here despite a steady drop on world markets.
The price of petrol at the pump is not falling as fast as the price of oil from peak levels over the summer, according to Guardian analysis.