OIL PRICES FORECAST TO DE­LIVER NORTH SEA BOOST

The Herald Business - - Month In Headlines -

Jan 4 OIL prices are forecast to re­main at lev­els that should de­liver good prof­its for pro­duc­ers and sus­tain strong in­vest­ment in the North Sea this year but will likely mean con­tin­ued pain at the petrol pump for mo­torists. While the out­look for the global econ­omy is shrouded in un­cer­tainty, ex­perts be­lieve oil and gas mar­kets will stay firm in 2013, mean­ing that the price of Brent Crude should re­main around cur­rent lev­els.

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