Oil at $150 a barrel?

According to this report on the World Energy Congress from Purchasing.com: http://www.purchasing.com/article/CA6501890.html?nid=4017

Kuwait-based consultant Usameh Jamali told attendees at the conference oil prices could go as high at $150/barrel. As the Guardian reports, Jamali said, “People in the market believe that $100 is sustainable and there is continued upward pressure…we should be expecting some downward pressure in a couple of years [only].”



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