Oil prices to remain volatile in 2019, says Petronas

Did the papers just extract phrases from the Outlook?

Dateline 2018-12-11, FMT:

National oil and gas (O&G) company Petronas today said it expects volatility seen in oil prices this year to persist in 2019 as well.

In its annual Petronas Activity Outlook (PAO) report for 2019-2021 released today, Petronas shared its perspective on industry trends, demand outlook and activities in the upstream and downstream sectors.

“Petronas, in this edition of the PAO, maintains its prudent view on the industry outlook and will respond with cautious optimism particularly on new capital projects,” it said in a statement today.

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