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  • Business Update: Oil price will rise

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Business Update: Oil price will rise

The International Energy Agency's 2009 outlook forecasts oil prices to soar to 100 dollars a barrel by 2020, while delay in tackling global warming could cost 500 billion dollars a year.

Reuters | November 10, 2009Watch more videos from Reuters

Tags:. .highs. .gold. .iea. .dollar. .slightly