Breaking News from Moneynews.com Gulf CEO: Oil May Near $150 a Barrel by Summer
Crude oil’s price could soar to nearly $150 a barrel by summer, Joe Petrowski, chief executive of Gulf Oil and the Cumberland Gulf Group, told CNBC Thursday. “I think we'll be at $100 in the first quarter," he added, "and there’s one-in-four chance we’ll take out the $147 highs before Memorial Day.”
Friday, 24 December 2010
Posted by Britannia Radio at 18:51