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Commodities Briefing - Categorized | Investment, Oil more

IEA World Energy Outlook 2011: ‘we need to invest 10,000,000,000,000 dollars in oil’

Posted on 08 November 2011

On Wednesday the International Energy Agency will release the 2011 edition of the World Energy Outlook. Some energy investment figures from the new IEA report have already been made available though – including a proposed 10 trillion dollar investment in oil production, which would be required between now and the year 2035.
The energy figures were made public during a speech by IEA Chief Economist Fatih Birol at last week’s G20 summit in Cannes………………………………………..Full Article: Source


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