22.06.2011 - CGES sees little change in oil prices
The Centre for Global Energy Studies (CGES) sees little change in oil prices for the rest of the year after revising down its latest price forecast following this month's OPEC meeting. The benchmark price of Dated Brent was expected average $118.9 per barrel in the third quarter of 2011, little change from the second quarter, before marginally increasing to an average of $130.8 in the final three months and falling back to $116 in the first quarter of next year, according to a copy of CGES's new monthly report obtained by IRNA.............................................Full Article: Source
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