The current height of international oil prices is an eye-popping $106 per barrel. On the 7th, US time, the New York crude oil futures price hit a record high of $106.54 a barrel, followed by a slight decline and finally closed above $105 a barrel.
The “reason†for the oil price upside on the 7th day was the report on the reduction of non-agricultural employment in the United States in February. This raised concerns that the risk of a US economic downturn is increasing, and the Fed may continue to cut interest rates. The famous investment bank Goldman Sachs three years ago, "madman's slang phrase" this statement into a bath? In March 005, when the international oil price is still about 47 US dollars, Goldman Sachs analysts predicted that oil prices will rush to 105 US dollars.
But if this price has shocked you now, then you may be prepared to take on greater psychological challenges.
Investment guru Rogers said in Singapore a few days ago that the price of oil may also rise very high, but it is not known to what extent. He also warned that the global inflation situation will become more serious. "Everybody has to be prepared and everything will go up," Rogers said. If the Middle East wars, oil prices will rise to $200 a barrel.
EU Energy Commissioner Pierre Bagges also half-jokingly told the outside world that in 2011 international oil prices may climb to 200 US dollars per barrel. Because oil prices have doubled in the three years since 2004. "A part of what I'm talking about is a joke, but that's nothing strange," said Pierre Bagges. He specifically mentioned that when the famous investment bank Goldman Sachs predicted that the price of oil might be broken three years ago, everyone thought it was a joke.
At the same time, Goldman Sachs once again made a terrible prediction, saying on Friday that in the event of an "emergency," international oil prices may rise to $200 a barrel in the near future. Goldman Sachs also raised the lower limit of the oil price fluctuation range from 2008 to 2012 by US$10 to US$60 per barrel.
Of course, the "Goldmans" are no longer considered "radical elements" in the oil price forecast. According to CNBC television reported on March 8th, Matt Simmons, chairman of the famous energy investment bank Simmons, said in an interview with the TV station “Fast Money†that the international crude oil price may rise to US$378 per barrel. Simmons said that the United States has never had a better understanding of the value of crude oil. He pointed out that the British crude oil price has reached 9 US dollars per gallon, which means that the price per barrel is as high as 378 US dollars.
The prediction made by Goldman Sachs in March 2005 that “oil prices will rush to 105 US dollars†has now become a reality.
The “reason†for the oil price upside on the 7th day was the report on the reduction of non-agricultural employment in the United States in February. This raised concerns that the risk of a US economic downturn is increasing, and the Fed may continue to cut interest rates. The famous investment bank Goldman Sachs three years ago, "madman's slang phrase" this statement into a bath? In March 005, when the international oil price is still about 47 US dollars, Goldman Sachs analysts predicted that oil prices will rush to 105 US dollars.
But if this price has shocked you now, then you may be prepared to take on greater psychological challenges.
Investment guru Rogers said in Singapore a few days ago that the price of oil may also rise very high, but it is not known to what extent. He also warned that the global inflation situation will become more serious. "Everybody has to be prepared and everything will go up," Rogers said. If the Middle East wars, oil prices will rise to $200 a barrel.
EU Energy Commissioner Pierre Bagges also half-jokingly told the outside world that in 2011 international oil prices may climb to 200 US dollars per barrel. Because oil prices have doubled in the three years since 2004. "A part of what I'm talking about is a joke, but that's nothing strange," said Pierre Bagges. He specifically mentioned that when the famous investment bank Goldman Sachs predicted that the price of oil might be broken three years ago, everyone thought it was a joke.
At the same time, Goldman Sachs once again made a terrible prediction, saying on Friday that in the event of an "emergency," international oil prices may rise to $200 a barrel in the near future. Goldman Sachs also raised the lower limit of the oil price fluctuation range from 2008 to 2012 by US$10 to US$60 per barrel.
Of course, the "Goldmans" are no longer considered "radical elements" in the oil price forecast. According to CNBC television reported on March 8th, Matt Simmons, chairman of the famous energy investment bank Simmons, said in an interview with the TV station “Fast Money†that the international crude oil price may rise to US$378 per barrel. Simmons said that the United States has never had a better understanding of the value of crude oil. He pointed out that the British crude oil price has reached 9 US dollars per gallon, which means that the price per barrel is as high as 378 US dollars.
The prediction made by Goldman Sachs in March 2005 that “oil prices will rush to 105 US dollars†has now become a reality.