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IMF Forecasts 2012 Oil Price At $114.71/B, Sees Modest MENA Growth In 2012-13
Published on Monday, 30 Apr 07:00 am
The International Monetary Fund (IMF) is projecting an average baseline crude price of $114.71/B for 2012, $15.62/B more than its January forecast, and a lower figure of $110/B for 2013, according to the latest World Economic Outlook (WEO).
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