Crude Oil my touch $100 Per Barell
Nov 27, 2009 Finance
Crude prices jumped to $78 per barrel and then tilted back. Crude prices have surged more than 60% since March. The Organization of Petroleum Exporting Countries and the U.S. Energy Information Administration recently boosted their demand outlook for next year, as the global economy gradually recovers from the recession. In this article we will figure out the trend and the original invisible facts of where the crude prices will climb in the coming days.The below chart shows the crude price in 1 year time frame.
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Tags: crude oil, crude price, crude prices, demand outlook, emerging economies, emerging markets, energy information administration, Global Economy, global oil, group estimates, international energy agency, oil consumption, oil prices, opec, optimism, organization of petroleum exporting countries, petroleum exporting countries, Recession, u s energy, world economy