Do you think it will go up or down?
2006-08-20 09:19:08 · 4 answers · asked by iwonder 4 in Business & Finance ➔ Investing
Oil prices will keep going up, as other nations, Europe, China, Korea and other nations are becomming more developed, there will be a more and more demand for oil. This will drive a limited amount of oil to cost more and more as there are more people wanting to buy the same oil
Next this is in the middle of winter in the US, so for the US, heating oils will cost more.
I am guessing also that the white house will try to do some trick to lower price slightly over election time so Nov down slightly but back up in Dec.
Invest on my opinion at your own risk.
2006-08-20 09:27:06 · answer #1 · answered by Anonymous · 0⤊ 1⤋
$73 a barrel . I think a hurricane will push prices back up . I think the oil we get back to $58 tell the storm comes
2006-08-20 21:40:02 · answer #2 · answered by Chris N 2 · 0⤊ 0⤋
90 USD 1st December
100 USD 31st December
2006-08-21 09:11:07 · answer #3 · answered by Pablo P 2 · 0⤊ 0⤋
I'll bet $65.00/barrell.
2006-08-20 19:34:55 · answer #4 · answered by STEVEN F 7 · 0⤊ 0⤋