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Showing Original Post only (View all)Global oil prices likely to touch to $60/barrel: Osama Kamal [View all]
If this happens, our economy is in for a very wild expansion and Russia, Venezuela and Iran are in big trouble.
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http://economictimes.indiatimes.com/industry/energy/oil-gas/global-oil-prices-likely-to-touch-to-60/barrel-osama-kamal/articleshow/44882725.cms
MUMBAI: Egypt's former petroleum minister Osama Kamal said global crude oil prices are set to fall drastically, predicting afurther erosion of as much as a third in the coming days. "I expect crude oil prices to touch $60 per barrel. This will impact several economies," said Kamal, who was in Mumbai to address the top Aditya Birla Group executives.
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http://economictimes.indiatimes.com/articleshow/44882725.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst