#OPEC says oil prices to rise in 2016 #peakoil

“There is an improvement in the market,” Abdullah al-Badri told reporters on the sidelines of an oil conference in London on last week.
“This situation may not stay long, more than two years,” he said in response to a question on how long the market would take to rebalance.
Echoing El-Badri… http://www.thecherrycreeknews.com/opec-says-oil-prices-to-rise-in-2016-peakoil/ #Peakoiil, #OPEC, #PeakOil, #QuantitativeEasing