Singapore, April 23 reported that Royal Bank of Scotland (RBS) analysis of experts in a report today that Royal Bank of Scotland down the line a few days ago for 2009 and 2010 oil price forecast.
Royal Bank of Scotland in London this year the price of Brent crude from the previous forecast of 80 U.S. dollars per barrel fell to 56.1 U.S. dollars, while in 2010 the price of London Brent crude from the previous forecast dropped to 76.25 U.S. dollars per barrel 75 U.S. dollars.
Royal Bank of Scotland said: "OPEC oil production will lead to curb global market demand. We believe that this shortage will gradually this year, pushing up oil prices. London Brent crude so far this year the average price of 46.87 U.S. dollars per barrel .
Source: www.in-en.com Apr. 24, 2009
