Bank Of Baku

OPEC: Oil prices will be around $40-$50 until late 2015

OPEC: Oil prices will be around $40-$50 until late 2015
# 29 August 2015 07:41 (UTC +04:00)

“Oil is bottoming and the deeper it goes the more the rebound will be quicker and the supply reaction will be even bigger," the source said, adding prices may dip again to slightly below $45 before slowly recovering to around $60 by December when OPEC meets next, said another source. 

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