Commodities - The Coming Bull Market Message Board

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Strategies & Market Trends : Commodities - The Coming Bull Market

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To: Cogito Ergo Sum who wrote (244)	6/14/2001 6:20:47 PM
From: craig crawford	Read Replies (2) of 1643

thanks. interesting that this forecast for oil doesn't jive with some of these $18 forecasts from the analysts in barron's. i side with the analysis that says oil prices will remain high. "With no major increases in world oil production, oil prices this summer are projected to rise by another $2- $3 per barrel from May levels, and maintain these levels for the rest of the year. With no major changes in OPEC behavior expected for 2002, the U.S. average imported crude oil price could fluctuate near $25 - $27 per barrel for most of 2002."

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