BBC News - Oil prices are in 'danger zone', warns the IEA:
'via Blog this'
Oil could hit $150 a barrel soon if investment in the Middle East and North Africa fails to rise with demand, the International Energy Agency (IEA) says.
Prices have remained high throughout 2011, partly due to Libyan unrest.
"We are in the danger zone for the global economy at current levels," said IEA economist Fatih Birol.
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