Kaimon Global Crude Forecast 2011
After starting the year at slightly more than $80 a barrel, oil prices this week, rose to their highest level in two years, with West Texas Intermediate (WTI) crude surging as high as $90.76 a barrel. But that 13% advance is just the beginning. Crude oil prices are poised to again break the psychologically important $100 a barrel mark in a bid to move higher throughout 2011 and 2012, and some forecasters are calling for prices to zoom by as much as 65% from here.
Kaimon Global analysts believe we will reach triple digits early next year and could reach $150 by mid-summer. ...







