BANGKOK (AFX-ASIA) – PTT Plc president Viset Choopiban said the company expects crude oil prices to drop to around US$23-24 per barrel from the current 26-28 usd after Iraq agreed to readmit UN weapons inspectors. “There is a possibility that crude oil price will decline as there is premium of US$3-5 per barrel on the…
THAILAND: PTT sees crude oil price falling to US$23-24/barrel if tensions ease
Posted on September 27, 2002 by EnergyAsia