23-12-2014 09:10 via news.yahoo.com

Exclusive: Arab OPEC sources see oil back above $70 by end-2015

By Rania El Gamal ABU DHABI (Reuters) - Arab OPEC producers expect global oil prices to rebound to between $70 and $80 a barrel by the end of next year as a global economic recovery revives demand, OPEC delegates said this week in the first indication of where the group expects oil markets to ‎stabilize in the medium term. The delegates, some of which are from core Gulf OPEC producing countries, said they may not see - and some may not even welcome now - a return to $100 any time soon.
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