LONDON (AFX) – Benchmark oil prices are expected to fall back from recent highs during 2004 in currency-weighted terms, driven down by increased production from Iraq and non-OPEC countries, according to UK-based analysts. But analysts from the US and Japan disagree. UK-based analysts see Brent crude futures declining to the region of US$26-27 a barrel…
MARKETS: Analysts mixed on oil price outlook in 2004
Posted on January 14, 2004 by EnergyAsia