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Jeff Rubin comments on how world oil prices are set to be trading around the $200 US dollar mark in the future. Rubin, the former Chief Economist of CIBC World Markets warns that higher oil prices are a result in a lack of affordable, extractable global world oil, which has now passed the easy peak [...]
Legendary Matt Simmons, author of Twilight in the Desert talks about crude oil prices in 2008 and how oil prices could eventually trade higher to reach $600 US dollars per barrel in the future.
Matt Simmons explains about peak oil and how the world’s crude oil supplies are lower than many people believe. With Saudi [...]
A view on the oil price for the next two months. With OPEC on course to keep oil output levels at the current rate, will crude oil be trading higher by the end of 2009?
Morgan Downey, head of commodity trading in the Americas at Standard Chartered, talks about the outlook for oil prices. This [...]
Is buying oil cheaper if the USD is lower? Are prices going higher? Peter Schiff makes an excellent case that as the US Dollar weakens against all other major currencies, oil prices will no doubt start trading higher. Kevin Kerr has a slightly different view however he also expects crude oil prices are going higher [...]
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Daily oil trading report from ODL MarketsThe lower US Dollar helped push the price of oil higher, and Fridays better than expected non-farms increased confidence that the global economic recovery is in full swing.
Having traded over $82, we are at two month highs, so the next significant landmark is $84, sixteen month highs. Positive signs from China also increased traders [...]
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