[durasell]

Then again, there were those which stated a few years ago, "oil would never reach $50 a barrel!" - wonder where they are today?




They're still saying "oil would never reach $50 a barrel!" but now they mean that as a bargain price.

[M. Espinola]

"They're still saying "oil would never reach $50 a barrel!" but now they mean that as a bargain price."

Very good point.

Oil Trades Above $74 on Iran's Refusal to End Nuclear Research

[BlackVeil]

$100 is rather high, I don't think it will go that far - but I think it will at least stay around current prices.

My view is that oil is not going back to where it was pre-2003, no matter what happens internationally.