The global crude oil price is expected to fall further. The former petroleum minister of Egypt Osama Kamal expects the oil prices to touch US$ 60 per barrel. The fall in oil prices is likely to impact several economies of the world. Osama Kamal was in Mumbai to address the top Aditya Birla Group executives. The Aditya Birla Group has constructed a new polyester plant with a production capacity of 420,000 tonne per annum. The group has one of the world's largest carbon black manufacturing units in Egypt.