HomeNewsBusinessMarketsBrent crude to touch USD 100/bbl by year end: FACTS Global

Brent crude to touch USD 100/bbl by year end: FACTS Global

Praveen Kumar, senior consultant, head-south Asia oil and gas team at FACTS Global Energy believes that Brent crude will approach USD 100 per barrel towards the end of the year.

September 23, 2011 / 20:11 IST
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Brent crude is currently trading around USD 105 per barrel because of a 4% fall that we saw last night. Praveen Kumar, senior consultant, head-south Asia oil and gas team at FACTS Global Energy believes that this is mainly due to the pessimism on global economic outlook.

first published: Sep 23, 2011 01:30 pm

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