Oil prices could fall, analyst

Business Materials 14 April 2008 03:10 (UTC +04:00)

( IRNA ) - Diverging trends within global oil markets may start to play out during coming months, which could undermine oil prices, OPEC market analyst said on Saturday.

Mohammad Alipour Jeddi told reporters that over the last few months, fundamentals and financial market developments have been moving the oil market in opposite directions.

So, how long this duality can continue is a key question facing the oil market in the coming months, he said.