Petronas Expects Oil Prices To Decline


Dateline 2012-06-08:

Petroliam Nasional Bhd (Petronas) expects the oil prices to decline on the back of economic uncertainty, said its chief operating officer and executive vice president (downstream business), Datuk Wan Zulkiflee Wan Ariffin.

“We’re not bullish in the coming quarters due to economic uncertainty and China as well as India are also starting to show weak growth,” he told reporters at the launch of its new oil and gas technology solutions here today.

The event was held on the last day of the 25th World Gas Conference.

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This entry was posted on Saturday, July 7th, 2012 at 6:00 am and is filed under Malaysia, Malaysian election, oil and gas. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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