Friday, December 18, 2009

How high will the oil price rise to this year?

So the oil price fell today to 69.50 as I predicted it would go back down. But what do you think about the oil will it go down or up. I am predicting up with hurricane season coming up and we are on the brink of going to war with iran. The question is how high do you think it will go? $80 $100 dolars a barrel?How high will the oil price rise to this year?
about $85-$90. But it really depends on the political situation. if USA attacks iran then the oil prices will shoot up to $100-$120.





The best thing is to accumulate gold as the price of gold mimics the price of oilHow high will the oil price rise to this year?
I think it will go down below $60. Too much hype!
My guess is about $85 a barrel

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