Experts and government officials have warned that crude oil prices could hit US$100/barrel in the event of new and wider US-Iraq war. Former Saudi Arabian oil minister Sheikh Yamani said the price of crude oil could rise to US$100/barrel if Saddam Hussein fires chemical weapons at neighbouring countries if Iraq comes under attack, The Daily…
MARKETS: Experts warn of US$100/barrel oil with new US-Iraq war
Posted on October 8, 2002 by EnergyAsia