Malaysia's Petronas projects Brent crude to average at US$55 per barrel for the whole year and the assumption is 18% lower than current prices.
PETALING JAYA: The recent oil price rally doesn’t seem to have legs as prices came under pressure on stronger dollar and growing stockpile.
Oil prices have been hovering around the US$65 (RM235) level since beginning of the month but a 3% slip on Tuesday caused jitters among investors.
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