06.01.2009 - Oil to hit $60 in December futures contracts

From Gulfnews.com: The steepest plunge in crude prices on record may be setting up oil investors for a rally this year, if history is any guide. The so-called forward curve of futures contracts traded on the New York Mercantile Exchange suggests oil will rise 28 per cent to $60.10 a barrel by December. .... Full Article: Source

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