From The Herald: Crude oil prices, which fluctuated wildly in 2008, will remain volatile during the new year, trading in a range of $40 to $65, according to forecasts from oil traders, economists and the International Energy Agency.

Black gold soared to a record peak of $147.27 in July, 2008, and then fell steeply to levels below $50 as the global credit squeeze and recession took hold….. Full Article: Source