KUALA LUMPUR: Growing demand from China, India and Africa is expected to lift crude oil price to between US$65 and US$70 per barrel this year with the rebound expected in June.
Former Finance Minister Tun Daim Zainuddin (pic) said, however, crude oil price would not return to US$100 per barrel as previously, and US$65 to US$70 would be good enough for this year.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!