Parliamentary Energy: Oil prices will reach $ 70 during the second half of this year

Parliamentary Energy: Oil prices will reach $ 70 during the second half of this year


3/9/15


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Suggested the oil and energy parliamentary Monday, continuing high oil prices in the global market, indicating that oil prices will improve during the second half of this year, up to $ 70.
The committee member said Ibrahim Bahr al-Ulum told / information /, "The stability of oil prices in the international market is a positive thing and reflects the relative balance between supply and desired."
He Bahr al-Ulum that "this stability will continue for a specific period, then later will improve oil prices in the middle of this year, but to levels not to exceed $ 70 per barrel," noting that "the talk about oil prices in the next year is difficult in light of the non-economic situation stable afflicting the world. "
Mentions that the Secretary-General of the Organization "OPEC," Abdullah al-Badri confirmed, Sunday, that oil prices will recover and regain balance in the second half of this year.

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