Oil prices expected to recover in the second half of 2009

Oil prices expected to recover in the second half of 2009
# 29 December 2008 14:59 (UTC +04:00)
Baku. Vahab Rzayev – APA-Economics. il prices would recover in the second half of 2009 and are likely to reach $75 a barrel in early 2010, OPEC Secretary-General Abdullah Al-Badri.
“Some activists in the market believe that the Organization will not comply with its decision. That is untrue. The Organization ... is aware that there is a problem coming in 2009,” said Badri.
OPEC’s President Chakib Khelil told Reuters on Tuesday “I think by February we should see at least compliance of 80 percent,”. Khelil added “So I think all members are aware and I think there will be full compliance by March 15”.
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THE OPERATION IS BEING PERFORMED