AFP, Riyadh :
Global crude prices should recover near the end of this year, the president of the world’s biggest oil exporter, Saudi Aramco, said on Tuesday.
“Our prediction is that we will see some adjustment but it will happen toward the end of this year,” Amin al-Nasser, president and chief executive officer of the state-owned company, told a business forum in the Saudi capital.
Global crude prices have plunged from above $100 a barrel in early 2014 to below $31 a barrel on Tuesday.
Global crude prices should recover near the end of this year, the president of the world’s biggest oil exporter, Saudi Aramco, said on Tuesday.
“Our prediction is that we will see some adjustment but it will happen toward the end of this year,” Amin al-Nasser, president and chief executive officer of the state-owned company, told a business forum in the Saudi capital.
Global crude prices have plunged from above $100 a barrel in early 2014 to below $31 a barrel on Tuesday.
