OPEC countries expect world oil prices to reach $70-80 per barrel in late 2015 due to rising oil demands. The organization would make use of a price $100 per barrel to activate extraction of hard-to-get oil, RIA Novosti reports.The oil prices will fluctuate around $60 or may drop lower before reaching $80 per barrel within about a year.
OPEC countries expect world oil prices to reach $70-80 per barrel in late 2015 due to rising oil demands. The organization would make use of a price of $100 per barrel to activate extraction of hard-to-get oil, RIA Novosti reports.
The oil prices will fluctuate around $60 or may drop lower before reaching $80 per barrel within about a year.
