(EnergyAsia, October 2, Tuesday) — Canadian bank CIBC said US crude oil prices are likely to hit US$100 a barrel by the end of next year as rising oil consumption in the world’s leading oil producing nations cuts into their export capacity.Speaking at the recent 6th Annual Association for the Study of Peak Oil &…
MARKETS: Declining exports from OPEC, Russia and Mexico to push oil to $100 a barrel
Posted on October 1, 2007 by EnergyAsia