WTI oil price closes off a see saw week

The price of WTI oil futures closed off the week’s session back under $98 a barrel in a see saw trading pattern that temporarily pushed US crude oil above $103 at midweek for the first time since July. WTI Oil

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JP Morgan latest crude oil price forecast remains on the upside

JP Morgan said on Friday it sees continued upside price risks conducive to oil prices moving to $130 per barrel for 2013 from ongoing geopolitical issues, low spare capacity, the potential for stock building, and currency related issues. Oil Price