Study: Oil prices to double by 2012

Study: Oil prices to double by 2012

Published by kidmercuryblog
04-24-2008

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Study: Oil prices to double by 2012

The price of oil is likely to hit 150 dollars (Canadian, US) a barrel by 2010 and soar to 225 dollars a barrel by 2012 as supply becomes increasingly tight, a Canadian bank said Thursday.

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