PETALING JAYA: With oil prices touching a high of US$74.22 per barrel on Thursday in London as well as Brent crude prices settling above US$73, economists agree that oil prices could remain volatile for a while.
A Bloomberg News survey revealed that 23 of 42 analysts, traders and brokers, or 55%, think oil prices would gain next week on supply disruption concerns in Iran and Nigeria as well as growing summer demand from the US.
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