|
Oil not expected to recover to $100 levels in next 5 years
[ARABNEWS] Oil prices remain low at around $60/barrel, compared with a peak of $115 in June. Oil prices are not expected to recover to $100 levels in the next five years. Therefore, Russia, Nigeria and Venezuela all remain at risk of crisis. This could lead to contagion, weaker currencies and slower growth in a number of developing economies, says a report from QNB Group. However, Posted by: Fred 2014-12-28 |
| http://www.rantburg.com/poparticle.php?ID=407155 |