Middle East Economic Survey
VOL. LIII
No 8
22-Feb-2010
Banque Saudi Fransi Forecasts $78/B Average WTI Crude Price For 2010
Banque Saudi Fransi (BSF) forecasts an average price WTI crude oil price of $78/B for 2010 in its latest issue of Saudi Arabia Economics, released on 14 February. Volatility and downside risks to prices will continue so long as the dollar strengthens, oil demand fails to be as strong as anticipated and the global economy follows a gradual, fragile recovery path,...
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