Oil's Rapid Rise Stirs Talk of $200 a Barrel This Year
Monday, 07 July 2008 11:37

Oil's historic ascent from $100 to nearly $150 a barrel in just six months is lending weight to a far grimmer prediction: Crude could reach $200 a barrel by the end of the year.

Oil at that price would wreak deeper havoc on the world's airlines and automobile industries.

Source: Wall Street Journal

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