The World Bank is forecasting higher prices for industrial commodities, principally energy and metals, in 2017 and next year. In its April Commodity Markets Outlook, the World Bank is holding steady its crude oil price forecast for this year at $55 per barrel, increasing to an average of $60 per barrel in 2018. Rising oil prices, supported by production cutbacks by Organization of the Petroleum Exporting Countries (OPEC) and non-OPEC states, will allow markets to gradually rebalance. T
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