oil price rally to last into 2H 2015: kuwait

摘要

Kuwait’s oil minister Ali al-Omair expects the frst signifcant rally in oil prices since levels started sliding last June to run into the second half of this year. The oil price “has started holding gains now, and hopefully in the second part of 2015 we will start seeing better prices,” al-Omair said on the sidelines of an industry event in Kuwait. The Brent crude price is currently around $60/bl, from a 2014 high of nearly $116/bl and lows of $45/bl this January.