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World Bank Forecasts Commodity Prices Hike in 2018

WASHINGTON (ABC Live): Commodity Prices  :  Oil prices are forecast to rise to $56 a barrel in 2018 from $53 this year as a result of steadily growing demand, agreed production cuts among oil exporters and stabilizing U.S. shale oil production, while the surge in metals prices is expected to level off next year, the World Bank said on Thursday. …

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