| 31.12.2010 - IMF sees $90 oil price in 2011 |
| From Zawya.com: Oil prices could climb to an average $90 a barrel in 2011 driven by high Asian consumption that will likely boost global demand by around 1.4 million barrels per day, a senior IMF official said. Demand is estimated at around 87.4 million bpd in 2010 and is projected to swell to nearly 88.8 million bpd in 2011, said Masoud Ahmed, Director of the IMF's Middle East and Central Asia Department..............................................Full Article: Source |