Crude oil prices could surge to $200 a barrel in the next two years, according to theGoldman Sachs analyst who three years ago correctly predicted a price "super-spike" above $100 a barrel. The warning by Arjun Murti came as oil prices hit a fresh record high above $122 a barrel, boosted by supply disruptions in Nigeria, lower output in Russia and continued robust demand in China ahead of the Olympics. Mr Murti said the energy crisis could be coming to a head as a lack of adequate supply growth was becoming apparent.
Technology Partners: MimirTech
Links:
[1] http://admin.indiaenvironmentportal.org.in/news/analyst-warns-200-crude-oil
[2] http://admin.indiaenvironmentportal.org.in/category/author/javier-blas
[3] http://admin.indiaenvironmentportal.org.in/category/author/chris-flood
[4] http://admin.indiaenvironmentportal.org.in/category/newspaper/financial-times-london
[5] http://admin.indiaenvironmentportal.org.in/category/thesaurus/energy
[6] http://admin.indiaenvironmentportal.org.in/category/thesaurus/nigeria
[7] http://admin.indiaenvironmentportal.org.in/category/thesaurus/china
[8] http://admin.indiaenvironmentportal.org.in/category/thesaurus/russia
[9] http://admin.indiaenvironmentportal.org.in/category/thesaurus/fuel-pricing
