Home / Business / World Bank ups crude oil price forecast

World Bank ups crude oil price forecast

The World Bank is raising its 2016 crude oil price forecast to US$41 per barrel, up from $37 forecast earlier, as oversupply is expected to recede with improving market sentiment and a weakening dollar, the bank says in its Commodity Markets Outlook report.
Source: Business

About hmapj

Check Also

Capital not open to tourists yet: BMA

The Bangkok Metropolitan Administration (BMA) has no plans to reopen to foreign tourists on Oct …

Leave a Reply

Your email address will not be published. Required fields are marked *