It’s Time to Invest for $100 Oil
MSN Money – Investors, get ready for $100-a-barrel oil.
Energy experts say this kind of portfolio-wrenching spike in the price of oil isn’t far off. They chalk it up to two factors:
- There are basic underlying energy shortages, while global demand from economic hot spots like China and India ratchets higher every month.
- A half-dozen potential geopolitical flash points around the globe could flare up at any moment, increasing worries among oil buyers at best and disrupting supply at worst.
MSN Money
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