Thursday, March 4, 2010

Crude Oil Predictions

Following is crude oil predictions from the biggies (source: Ernst and Young, picked from Business World)












Given, the current state of economy in developed and developing world, I dont think oil prices should shoot up in 2010 but they should climb up in next couple of years.

Here is the last quarter oil prices.













As seen the oil prices have hovered around 75 in this quarter. I think the estimates from BMO and UBS would be closer to the reality but the exact price would be seen when the times come !!

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