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FGE In The Media

Crude demand to stay muted, price may dip to $35-40 per barrel


The recent rally in crude prices from $40 lows is not a trend reversal as demand would be muted in 2015 amidst surplus in the market, one of the world's leading oil experts has said. Oil prices could drop again to $35-$40 per barrel, Fereidun Fesharaki, chairman of the global consultant FGE told ETin an exclusive interview.



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