Oil Could Reach $200 A Barrel

Goldman’s Murti Says Oil `Likely’ to Reach $150-$200

Oil at $200 a Barrel - Guess What Gas Will Do?

By Nesa Subrahmaniyan

May 6 (Bloomberg) — Crude oil may rise to between $150 and $200 a barrel within two years as growth in supply fails to keep pace with increased demand from developing nations, Goldman Sachs Group Inc. analysts led by Arjun N. Murti said in a report.

New York-based Murti first wrote of a “super spike” in March 2005, when he said oil prices Continue reading