West Texas Intermediate Oil May Reach $130 a Barrel
Investing News Network - February 21st, 2012
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.