You are here

Petronas forecasts crude at US$30; expects more tough years

Wednesday, January 13, 2016 - 05:50

Kuala Lumpur

PETROLIAM Nasional Bhd said crude prices could average US$30 a barrel and warned the Malaysian state oil company faces two to three tough years.

Just two months after the company was assuming an average price of US$48 a barrel, chief executive officer Wan Zulkiflee Wan