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    market news

    Crude Oil May Reach $150 in Four Years

    Investing News Network
    Dec. 08, 2010 05:10PM PST
    Oil and Gas Investing

    Bloomberg reports that Crude oil may rise to as much as $150 a barrel over the next three to four years.

    Bloomberg reports that Crude oil may rise to as much as $150 a barrel over the next three to four years.

    The market news is quoted as saying:

    Crude futures for January fell 41 cents today to settle at $88.28 a barrel on the New York Mercantile Exchange. The futures were up 22 percent from a year ago.

    Click here to access the entire news

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