Alliance Research chief economist Manokaran Mottain(inset) told StarBiz that average oil prices could fall to levels seen earlier in the year depending on the extent and length of price drops.
PETALING JAYA: Crude oil prices may weaken further following the successful conclusion of a nuclear accord between Iran and six other major powers including the United States.
Crude oil prices have been falling since June 30 and they tumbled yesterday by more than US$1 after the Iran nuclear accord was announced.
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