Oman Oil Minister Expects Oil Prices to Remain at $70-$80 Per Barrel in 2018
Oman Oil Minister Mohammed bin Hamad Rumhi said on Monday he expected oil prices to fluctuate from $70 to $80 per barrel in 2018.
DOHA (Pakistan Point News / Sputnik - 03rd September, 2018) Oman Oil Minister Mohammed bin Hamad Rumhi said on Monday he expected oil prices to fluctuate from $70 to $80 per barrel in 2018.
"I expect oil prices to remain at the level of $70-$80 per barrel up to the end of this year," Rumhi was quoted as saying by the Al Rai newspaper.
According to the minister, the weakening of the US Dollar always leads to higher oil prices.