Excerpt from: Futures and Commodity News
|
 |
| May 07, 2008 | | 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.
| | |
|
|
