Tuesday, February 1, 2011

How Egypt spells oil spike

Egypt may not cause an oil shock this week. But trends that have been playing out there for decades show why another bruising bout with sky-high prices may be unavoidable. Let's assume that unrest in the world's No. 27 exporter will be contained, keeping the current U.S. price of a barrel of crude nearer $90 [...]

Source: http://finance.fortune.cnn.com/2011/01/31/how-egypt-spells-oil-spike/

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