Oil Investing News » Verleger has predicted $20 Oil this year on devastating crude glut

Verleger has predicted $20 Oil this year on devastating crude glut

July 16, 2009 @ 1:54 am In Oil Company News

Crude oil will collapse to $20 a barrel this year as the recession has taken over a deeper toll on fuel demand, as per academic and former U.S. government adviser Philip Verleger.

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