Monday, January 21, 2013

Is Shale Boom Helping Oil Prices? Not According to This Projection

From Nasdaq:
The price of oil could reach as much as $150 per barrel this summer, Goldman Sachs chief commodities strategist Jeff Currie said Thursday.
At this year's global strategy conference in Frankfurt, Mr. Currie that he thinks it possible the price may reach $150 a barrel for Brent oil.
He said he wouldn't be surprised "if we woke up in summer and oil cost $150" per barrel.
Read the whole story here. 

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