CHEAP at $100/barrel
Published in Business Line on Jan 04, 2008
With Oil hitting the $100 mark on Jan 02 as well as Jan 03, this is a good time to summarize what we have been writing in this column and explain why this $100 is just one small step in what is going to be long ride upwards. For the decade of 2010-2020, we expect Oil prices to average well above the $200/barrel mark (i.e. in 2007 dollar terms... in terms of "Ben" dollars, who knows where this is going to be) and we have explained the rationale in this article.
posted by Shanmuganathan N @ 1:38 PM
2 comments
2 Comments:
Hi
This is simple and well analysed artical. Very good work.
And did you ever realize that instead of heading to 200... we may go down to 20 even? Analysts are one heck of a lot who just give unfounded fundas and keep on distributing their gyans like Nostradamus :)...
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