Analysts expect World oil prices are still in a downturn throughout the year. Because oil oversupply, sluggish demand Gardens analysts predict that in Hong Kong. World oil prices will remain at a low level throughout the year. Although recent rise above the level of 30 dollars per barrel, slightly Mr. Chow Yin, chief energy analyst familiar company. Securities in Hong Kong, said that world oil prices are dependent on three factors: supply, demand and the dollar. Which is now part of the supply. Or the amount of oil on the market remains higher than demand. With both Iran and Saudi Arabia announced that it would increase oil production while demand. Or the demand for oil remains sluggish Mr Chow added. The dollar is in the uptrend. The dollar is likely to strengthen further this year by 3 this reason, oil prices will remain at a low level throughout the year on Monday (25 January) crude oil price of West Texas. Interactive Media unit Or WTA vapor delivery in advance of March in New York, the US dropped 1.85 dollars to close at 30.34 dollars per barrel, while the price of Brent North Sea for delivery in advance of March in London, the British dropped. 1.68 dollars to close at 30.05 dollars per barrel. If since the start of this year. World oil prices fell more than 1 in 4.
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