BBC NEWS | Business | Oil price 'may hit $200 a barrel' - The Diigo Meta page

• 08 May 08
  

  John L. Knight

  oil

• 07 May 08
  

  Jason Welker

  200 oil? Oh my! It seems like just yesterday everyone was speculating oil would ever reach $100, now some say it could hit $200 within six months! The primary culprit? China, where continued growth in output is expected to push energy prices ever higher

  oil prices economics inflation

• 

  mezzo toscano

  oil price crisis

  • The price of crude oil could soar to $200 a barrel in as little as six months, as supply continues to struggle to meet demand, a report has warned.
    

    
    With benchmark US light crude passing the $122 mark for the first time on Tuesday, the warning comes from Goldman Sachs energy strategist Argun Murti.

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