How low will crude oil prices go?
Answer:
A very good question I don't believe anyone knows the answer to. $80 per barrel was obviously too high, will $60 hold? If you believe the "peak oil" theory, you would not believe oil could drop much more from here. Personally, I think the price may drop a little more from here to perhaps $50 before rising again.
Until they're free, I hope.
Don't know, but you can bet they won't let that go on to long.
In the end it will be almost free. “The Stone Age did not end for lack of stone, and the Oil Age will end long before the world runs out of oil.”, said Sheikh Yamani.
expected to trade between 60-65$/bbl till the end of this year.
As per Saudi Arebia experts crude is likely to fall below $60.
the extreem possibility is 58 dollers
When you find out, let me know
$7.50 USD
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