Quote of the Week – Future Oil Prices

18 Nov

Quote of the Week:

“We will probably move past $90 by the end of the year, and then $100.  We aren’t likely to see oil rise to $130 or $140, which would put us back in a recession.”

– Fransisco Blanch, Head Global Commodity Research at Bank of America Merrill Lynch in New York.

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Posted by on November 18, 2010 in Commodities, Oil



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