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IEA Talks Further Growth In Oil Prices

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IEA doesn’t rule out further growth in oil prices until the end of the year, said IEA Executive Director Fatih Birol. He said the growth of global demand for oil, decline in the oil industry of Venezuela and the situation in the Middle East will remain the main factors. According to Birol, if other producers don’t decide to increase production, it is possible to predict the continuation of the growth trend before the end of the year. 

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