OPEC's Badri says hopes for oil price revival by end H2 2015 - CNBC Africa

OPEC's Badri says hopes for oil price revival by end H2 2015

Special Report

by Reuters 0

OPEC's Badri says hopes for oil price revival by end H2 2015. PHOTOS: Crudeoilpeak.com

Abdullah al-Badri said he hoped to see the recovery in the price of oil by the end of the second half of 2015.

(READ MOREOil falls $3 to 4-year low after OPEC leaves output unchanged)

"We hope the price would rebound by the end of the second half of 2015," he said.

"We can't see the market now, we have to wait until the end of the second half of 2015 to see how the market react to these low prices."

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