12
Apr
2005

IMF says that surging demand and falling supply could spark 'permanent oil shock'

The worldfaces "a permanent oil shock" and will have toadjust to sustained high prices in the next two decades, the International Monetary Fund said yesterday in the starkest official warning yet about the long-term outlook for energy supplies.

//news.ft.com/cms/s/afe1b4f8-a7ca-11d9-9744-00000e2511c8.html


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