Expert: high oil prices is not real and will stabilize around US $ 60 a barrel

Expert: high oil prices is not real and will stabilize around US $ 60 a barrel


Follow-up - and babysit - economist said Raad al-Jubouri, the rise in oil prices is not real, which is temporary, because oil is the display market and demand, and this simple ratios board does not represent the real thing.
And between al-Jubouri that "oil prices, according to international experts forecast will grow up to between $ 40 to $ 50 and $ 60 a barrel."

"The global Alasouk full Beramil oil now, and there is a real glut, in addition to the existence of a genuine international political crisis and the presence of shale fuel at a price of $ 60," noting that "the exporters and producers reduce oil prices for oil shale expulsion, which poses a real threat to traditional crudes" .

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