TOKYO, March 20 (Reuters) - Oil prices could stay under
selling pressure for the time being amid risk-off sentiment
among investors in light of banking sector turmoil, the head of
the Petroleum Association of Japan (PAJ) said on Monday.
But the losses will likely be capped due to an expected
shortfall in global supply in the latter half of this year,
Shunichi Kito, the president of PAJ, told a news conference.
(Reporting by Yuka Obayashi; Editing by Edmund Klamann)
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