KUALA LUMPUR: Petroliam Nasional Bhd (Petronas) said crude prices could average US$$30 (RM131.89) a barrel this year and warned that the state oil company faces two to three tough years.
Just two months after the company was assuming an average price of US$48 a barrel, chief executive officer Wan Zulkiflee Wan Ariffin (pic) laid out the new “low-price” scenario for 2016.
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