Lower oil prices are the “new normal” according to a new World Bank report but have also had positive effects by stimulating MENA (Middle East and North Africa) economies to take much-needed structural action.
According to the bank’s forecasts the price per barrel is projected to settle in the range of $53 to $60 by 2020.
☛ Want to stay up to date with the news? Sign up to our free daily bulletin.
Get a free 30 day trial to access all Supply Management website stories click here >
Receive email job alerts from Supply Management Jobs click here >
Not a CIPS member? Why not join CIPS to access a full range of benefits, including:
And much more.
Click here to join >