Oil prices may soar to 100 dpb in two years — ranking Kuwaiti figure

Dr. Imad Al-Atigi, member of the Supreme Petroleum Council, told Kuwait News Agency (KUNA) that the oil prices have been rising since 2003, reaching USD 70 pb, before stabilizing in 2006.

But now the prices of oil, a strategic commodity of global value, appear on a rising course anew and may soar to USD 100 pb by 2009.