OECD Predicts $190 Oil In Seven Years
You are missing trading opportunities:
- Free trading apps
- Over 8,000 signals for copying
- Economic news for exploring financial markets
Registration
Log in
You agree to website policy and terms of use
If you do not have an account, please register
A new report from the OECD says the price of Brent crude will hit $190 (h/t FT).
The reason is that worldwide demand is set to rebound — the group says should world growth return to anything close to pre-crisis rates there will be a commensurate price increase "far above early 2012" levels.
Here's the chart:
read more ...