(EnergyAsia, February 17 2011, Thursday) — With an eye to possible geopolitical upheavals in the Middle East, some traders are betting on US WTI crude oil futures contract reaching US$250 a barrel sometime this year. The New York Mercantile Exchange (NYMEX) has reported a surge in the number of call options placed on US$250 oil…

This article is for Subscriber members only.
Log In Register