While it could take five years, OPEC members are likely to start limiting output to send oil prices back to $80 per barrel by 2020, the International Energy Agency says. “The economies of less wealthy members like Venezuela, Algeria and Iran … advocated a return of a system of fixed oil prices or to individual allocations of oil production–practices OPEC had abandoned years ago as inefficient. But Gulf countries refused the proposals.” Demand from China is expected to boost daily global energy consumption and outpace U.S. demand in the 2030s, and India could account for roughly 25% of global growth...