KUALA LUMPUR (AFX-ASIA) – Oil prices need to average at least US$30 a barrel to stimulate the required investment of an estimated US$2 trillion to satisfy growing demand over the next decade, industry analysts said at a regional conference here last week. Jeffrey Currie, commodities research chief with Goldman Sachs Inc, said the oil market…
MARKETS: Oil at US$30/barrel needed to fund US$2 trillion investment Ð analysts
Posted on June 24, 2004 by EnergyAsia