Emerging market demand will lift Brent crude to $115/bbl in H2 of this year, Saxo Bank's Ole...

|By:, SA News Editor

Emerging market demand will lift Brent crude to $115/bbl in H2 of this year, Saxo Bank's Ole Hansen predicts: "We are still seeing demand rising... All the growth in oil demand is coming from China, Brazil, India. Oil prices to a great extent will be determined by the developments in those countries."