GoFuckYourself.com - Adult Webmaster Forum - View Single Post - (PREDICTION) Chakib Khelil, the Algerian Energy Minister and president of the OPEC

xmas13 · 06-26-2008, 08:23 AM

http://www.telegraph.co.uk/money/mai...6/nfuel126.xml

Mr Khelil said on France 24 television: "I predict probably prices of $150 to $170 this summer. It (the market) will probably fall a bit towards the end of the year."

He said he did not expect prices to hit $200 a barrel, barring a major market crisis such as a halt in production in Iran. In that case, he added, prices could possibly surge to "$200, $300, $400".

06-26-2008, 08:23 AM
xmas13 Confirmed User Join Date: Dec 2004 Location: GFY Posts: 5,176	(PREDICTION) Chakib Khelil, the Algerian Energy Minister and president of the OPEC http://www.telegraph.co.uk/money/mai...6/nfuel126.xml Mr Khelil said on France 24 television: "I predict probably prices of $150 to $170 this summer. It (the market) will probably fall a bit towards the end of the year." He said he did not expect prices to hit $200 a barrel, barring a major market crisis such as a halt in production in Iran. In that case, he added, prices could possibly surge to "$200, $300, $400". __________________ ICQ 557504926