| 25.05.2007 Opalesque exclusive: oil at $200 a barrel, a fund manager’s view |
| From Benedicte Gravrand, Geneva: Canada’s Canoë / Le Journal de Montréal reported that Jean-François Tardif sees only one direction for the mid to long-term oil prices: upwards. Mr. Tardif thinks that within 10 years, the price of a barrel will be US$200 or more. The fund manager of Sprott Opportunities Hedge Fund can only find arguments in favour of the increase in the value of ‘black gold’. < |