Wall Street Journal | OPEC Report Suggests Oil-Price Rebound, Supply Cut Wall Street Journal OPEC on Wednesday predicted oil prices would rebound, but the cartel said it expects to reduce its own production in the coming years. The report comes after global oil prices this week fell to levels not seen since 2004 amid ballooning ... Oil back at $95 – but only in 24 years' time: OPEC Opec: Oil prices will reach $70 a barrel by 2020 MarketsOpec lowers long-term oil demand estimates |