S&P revises crude forecast


PETALING JAYA: Standard & Poor’s (S&P) Ratings Services has revised its forecast for Brent crude oil price downwards to US$85 from US$105 for 2014, and US$90 for 2015 and beyond.

It has also revised downwards prices for WTI crude oil to US$80 for 2014 and beyond.

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Business , SnP. Mehul , Lawrence

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