Subscribe to RSS feedOil price will struggle to hold gains, say analysts
by
Marcus Hand - Lloyd's List
—
last modified
Jun 09, 2009 12:24 PM
The recent rise in oil prices is unlikely to be sustained throughout the year but there may be further price spikes in future, industry experts have warned.
With the oil price moving towards the US$70 per barrel mark, bunker fuel prices have been driven up to US$400 a tonne.
However, speakers at the Asia Oil & Gas conference in Kuala Lumpur did not believe the oil price would...
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