NewsMax says that
Financial Intelligence Report says that
Saudi Oil Minister Ali al-Naimi says that
oil prices will plummet to as low as $40/barrel within the next year on reduced demand.
This is a sales pitch by NewsMax for the Financial Intelligence Report but I guess the base data is the same whether you subscribe to the report or not. That is to say, I am sure that if you subscribe to the report you are not going to be be advised that oil prices will double in the next year to $120/per barrel on increased demand.
TAGS: oil prices