Wall Street Journal | Global Agency Sees Oil Price Recovery but No Return to Highs ABC News The price of oil is poised for a "relatively swift" recovery following the recent collapse to under $50 a barrel, but it will not come close to returning to the highs of past years, the International Energy Agency predicted Tuesday. In a report, the ... Plunge in Oil Prices Unlikely to Last Much Longer, IEA Says Oil at $55 per barrel is here to stay Oil to remain around $55 this year: IEA |