Weak global economic growth in 2010 expected to drive down the price of oil

COMMODITY prices are expected to continue to rise this year but oil may prove to be the exception, according to international analysts.

The price of black gold is set to weaken in the months ahead, many market watchers say.

While Opec, the Middle East oil cartel, and the International Energy Agency (IEA) have raised their forecasts for oil demand this year, as the global economy starts to grow, they conclude that the price of oil will ease due to the relatively weak global economic growth anticipated for the year as a whole.