home » China Futures » International oil prices will be significantly decreased the future of the city – Financial Highlights – Sina – Sina

International oil prices will be significantly decreased the future of the city – Financial Highlights – Sina – Sina

Posted on May-31-2008· by

ITAR-Tass reported on the 28th, Russian Deputy Prime Minister and Finance Minister Alexei Kudrin at a news conference the same day said that by the year 2010 is expected international oil prices to 72 U.S. dollars a barrel.

Kudrin said that the above forecast and the economic slowdown of the world. At the same time, he said that the next three years the U.S. dollar against other currencies is expected to stop falling in turn stronger, but the increase will not be great.

United Nations Economic and Social Affairs Ministry report released on the 15th of this month predicted that the world economy will grow 1.8 percent this year, significantly lower than 2007's 3.8 percent growth level. The sharp downturn of the United Nations report on world economic growth expectations. January this year, the United Nations has forecast world economic growth will be 3.4 percent.

International crude oil futures prices since the beginning of this year break 100 U.S. dollars per barrel mark, all the way up an alarming rate, on the 22nd of this month topped 135 U.S. dollars per barrel, a record high. 27, a substantial drop in international oil prices, New York crude oil prices index closed at 128.85 U.S. dollars a barrel from the previous trading day down 3.34 U.S. dollars. (According to Xinhua News Agency)

chinainvestor:本版contents of the article was supplied by MarketWatch, does not constitute investment advice. Investors this operation, own risk.

Tags:

Leave Your Comments