(EnergyAsia, January 16, Wednesday) — CIBC World Markets have predicted US crude futures to rise to $150 a barrel within five years on world supply constraints. Crude broke through the $100-barrel ceiling on the first trading day of 2008, and has traded mostly above $90 since last November.In a new energy report, CIBC World Markets…
MARKETS: CIBC predicts $150 crude on “global oil supply challenges”
Posted on January 15, 2008 by EnergyAsia