| 07.12.2011 - Get ready for stubbornly high oil prices |
| The budgetary needs of Middle Eastern oil producers in the wake of the ‘Arab Spring’ are likely to result in oil prices remaining high, despite the slowdown in the global economy, a natural resources expert has warned. The comments by Emin Eyi, partner at broker SP Angel Corporate Finance and a fellow of the Geological Society, came after Brent crude for delivery in January edged up 0.2% to $110.03 per barrel..............................................Full Article: Source |