Trevor Sargent (Dublin North, Green Party)
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Question 127: To ask the Minister for Finance if, in his analysis, oil prices will continue to rise; and if he will make a statement on the matter. [26555/05]

Brian Cowen (Laois-Offaly, Fianna Fail)
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My Department does not forecast oil prices. However, the World Economic Outlook published by the IMF in September projected that oil prices would average $61.75 next year, compared to an average of $54.23 this year.