
Syrian Oil and Gaz News
Chakib Khelil expects oil rise to 80 $ next year
Algerian oil and mines minister Chakib Khelil expects oil barrel price to rise to 80 $ a barrel next year.
Khelil said that world economy start to rise gradually specially in USA.
He added that oil barrel price may rise from 50 $ to 70 $ between the end of 2009 and begin of 2010 before it rise again to 80 $.
OPEC says that 75 $ a barrel is a suitable price for investment in oil sector.
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