atans1

Oil at US$5–60 for next few yrs?

In Energy on 16/01/2015 at 2:04 pm

“The oil price has dropped around 60% since June, to $48 a barrel, and I understand that BP expects that it will stay in the range of $50 to $60 for two to three years.

Although no oil company has a crystal ball, this matters – especially since it has a big impact on its investment and staffing ambitions,” BBC’s Robert Preston

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  1. you think the m’sian govt will once again peg its ringgit currency to the USD ?

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