BLBG: Crude Oil Price Forecast for 2011 Lowered to $88 a Barrel by ANZ Banking
Crude oil in New York will trade at an average of $88 a barrel in 2011, Australia & New Zealand Banking Group Ltd. said in a report today. That’s down 1 percent from its earlier estimate.
To contact the reporter on this story: Christian Schmollinger in Singapore at christian.s@bloomberg.net
To contact the editor responsible for this story: Jane, Ching Shen Lee at jalee@bloomberg.net