Announcement

Monday, April 18, 2011

Higher oil prices are here to stay - QNB Capital

According to analysis by QNB Capital, recent higher oil prices are likely to remain. Since September 2010, the average monthly price of the benchmark Brent crude oil has increased by 47% to reach USD 114 per barrel in March 2011 from USD 78 per barrels.

The recent surge in prices has been

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