CIBC World Markets reported Wednesday that world oil prices are unlikely to rise above $85 US over the medium term, or at least until 2012.The CIBC forecast predicts crude oil ...
Why are oil prices so high? The oil market, like other markets, is one in which prices are largely determined by what traders and investors call "market psychology."That's because at ...
Brent oil prices continued a march upwards in trading on Thursday amid continued euro debt issues hanging over global markets.Brent crude oil futures for June delivery was at $81.40 06.00am ...
