Azerbaijan, Baku, Feb. 4 / Trend , A.Badalova/
The U.S. State Energy Information Agency (EIA) forecasts an oil price increase for 2010.
"Prices will increase in 2010 as the global economy is restored and oil demand tops deliveries from non-OPEC countries," the EIA said.
The EIA forecasts a dramatic drop in global oil demand in 2009.
But the global demand will increase by 880,00 barrels to 85.98 million barrels per day in 2010.
Although oil prices dropped on the global market due to poor economic growth rates worldwide in late 2008, the EIA forecasts high prices on raw materials by 2030. The average price on oil will be nearly $189 per barrel by 2030.
The EIA said increased non-OPEC oil deliveries is a long-term perspective.
High oil prices, expanding infrastructure and new technologies will enable oil-rich non-OPEC countries, such as Azerbaijan, Brazil and Kazakhstan, to considerably up oil production.
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