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West Texas Intermediate Oil May Reach $130 a Barrel
Feb. 21, 2012 01:46PM PST
Resource Investing News Bloomberg reported that according to Citizens for Affordable Energy’s founder and CEO, John Hofmeister, West Texas Intermediate oil is likely to touch $130 a barrel within the next six months.
Bloomberg reported that according to Citizens for Affordable Energy’s founder and CEO, John Hofmeister, West Texas Intermediate oil is likely to touch $130 a barrel within the next six months.
As quoted in the market news:
Hofmeister said Western countries will suffer economically because of high gasoline and diesel prices by mid-year.