MARKETS:What's Next?Betting On 125-150 Oil As 'Peak Oil' Voices Grow Louder

摘要

As US crude futures effortlessly surged past 90 a barrel on October 19,traders and analysts turned their attention on the next psychological target:oil at 125 to 150 a barrel.With so many people now calling for 100 oil,the risk money has decided to set its sights further out.As oil passed 96 a barrel late last month,the 100 level is no longer so far-fetched or threatening.