Excerpt from:  GFT Analysts in the News
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May 07, 2008

Commodities Trading: $200 Oil?

Oil futures continue to gain
Oil prices are near $122 a barrel today in commodities trading. Oil prices have steadied a bit from their rapid climb as oil futures reflect an expected gain in US stockpiles.

However, there are analysts predicting that $200 oil could be possible in the next six to 24 months, depending on how demand, supply and geopolitical issues play out.

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Topic Tags:  $200 oil, commodities, commodities trading, futures trading, oil futures, oil prices, spread bets oil prices, spread betting commodities, US stockpiles

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