BBC NEWS | Business | Oil price 'may hit $200 a barrel'
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Saved by 3 people (-1 private), first by anonymouse user on 2008-05-07
- Johnlknight on 2008-05-08 - Tags oil
- Jasonwelker on 2008-05-07 - Tags oil prices , economics , inflation
- Mezzotoscano on 2008-05-07 - Tags oil , price , crisis
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The price of crude oil could soar to $200 a barrel in as little as six months, as supply continues to struggle to meet demand, a report has warned.
With benchmark US light crude passing the $122 mark for the first time on Tuesday, the warning comes from Goldman Sachs energy strategist Argun Murti.
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