Juwai IQI global chief economist Shan Saeed
PETALING JAYA: Despite the lingering global economic recessionary and geopolitical risks, global oil prices are expected to hold up this year, which will boost the government’s fiscal position as a net exporter of the commodity.
Economists and oil analysts are pegging the price of crude at US$80 (RM359) to US$100 (RM449) a barrel this year.
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