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Crude oil prices could rise to the second half of 85-95 dollars per barrel
Source:China Fertilizer Net   Author:Ling Qing   Time:2010-06-08   Read:1441second  

Goldman Sachs (Goldman Sachs), chief commodities strategist and head of energy research, said David Greely7 day, due to tight supply, the second half of 2010, crude oil prices may rise to 85-95 dollars per barrel, if the supply situation has not improved, in 2011 oil price may exceed 100 U.S. dollars a barrel.
He said high oil prices will resume running the state. If supplies remain tight, then from 2011 to 2014 global oil prices of more than 100 U.S. dollars a barrel.
He also said that gas prices are likely in the next year or two up, but the increase is somewhat smaller, may reach 5.50-6.50 USD / per million BTU, a level close to break even. (Ling Qing)

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