Oil May Fall as Production Rises, Demand Growth Slows, RBS Says Date: Wednesday, January 31 @ 20:55:47 PST Topic: Consumption; Demand; Prices
Oil, which has dropped 27 percent from the record reached in July, may fall to $45 a barrel by 2011 as output increases and demand growth slows, said Royal Bank of Scotland Plc, the U.K's second-largest lender.
