Monday, June 9, 2008

150$ per barel petrol in the summer

Goldman Sachs
Through the summer season, the prices of petrol probably will reach 150 US Dollars per barel. The prediction was made by the director of the global studyings of the trade goods in the investing company Goldman Sachs, which is quated by Reuters. The main reason for growing of the price is that tightening of the deliveries is acting more serious that decreasing of the requesting.
I may tell, that the possibility this to happen, most probably increased much... in some moment during the summer", told the chief Jefrey Kury during the conference for Oil and Gas in Kuala Lumpur, the capital of Malaysia. He talked about the price of more than 150$ per barel.
Goldman Sachs are the most active investing bank about energy markets, one of the first, which told about 3 number prices for barel of petroleum, whole 2 years ago. That looked very unbelievable and the company got many mockeries from the fans of "Endless Petrol".
The petrol can jump to 200$ per barel just in the next 2 years, was the prediction of Jefrey Kury previous month. Then Goldman Sachs made the prediction, that the second half of 2008, the price will be nearly 141$ per barel due to not enough deliveries.

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