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oil 200 a barrel

  1. Pompie
    601 Posts.
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    07/05/08
    12:05
    Post #: 3678602
    GO THE HYBRID MARKET GO

    Analyst warns of oil at $200 a barrel
    By Javier Blas and Chris Flood in London

    Published: May 6 2008 18:58 | Last updated: May 6 2008 18:58

    Crude oil prices could surge to $200 a barrel in the next two years, according to the Goldman Sachs analyst who three years ago correctly predicted a price “super-spike” above $100 a barrel.

    The warning by Arjun Murti came as oil prices hit a fresh high above $122 a barrel, boosted by supply disruptions in Nigeria, lower output in Russia and continued robust demand in China ahead of the Olympics.

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