(Bloomberg) -- The $100-a-barrel oil that Goldman
Sachs Group Inc. said would prevail by 2009 may be only a few
months away.
Jeffrey Currie, a London-based commodity analyst at the
world's biggest securities firm, says $95 crude is likely this
year unless OPEC unexpectedly increases production, and
declining inventories are raising the chances for $100 oil. Jeff
Rubin at CIBC World Markets predicts $100 a barrel as soon as
next year.
Read more at Bloomberg Energy News
Sachs Group Inc. said would prevail by 2009 may be only a few
months away.
Jeffrey Currie, a London-based commodity analyst at the
world's biggest securities firm, says $95 crude is likely this
year unless OPEC unexpectedly increases production, and
declining inventories are raising the chances for $100 oil. Jeff
Rubin at CIBC World Markets predicts $100 a barrel as soon as
next year.
Read more at Bloomberg Energy News
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