Dec 23, 2010

OPEC targets $100/barrel, as oil price hits $91



The Organisation of Petroleum Exporting Countries (OPEC) has expressed optimism that  the price of  crude oil will hit $100 per barrel, as the price peaked at $91 per barrel on Thursday.
Oil shot to a more than two-year high for a second day in a row, on Thursday, while some analysts said a run at $100 a barrel was inevitable.
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Source: Nigerian Tribune

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