(EnergyAsia, January 13 2011, Thursday) — Analysts at Singapore’s UOB Kay Hian brokerage said they have raised their crude oil price assumption to US$90 a barrel and US$95 respectively for 2011 and 2012. US benchmark WTI oil price recently reached US$90 a barrel, having exceeded the firm’s previous assumption of US$85. Over the next two…
ASIA: UOB Kay Hian on the winners and losers in rising oil price environment
Posted on January 12, 2011 by EnergyAsia