mcov
19.07.09, 15:08
www.news-to-use.com/2009/07/oil-at-20-not-as-absurd-as-it-sounds.html
"A crude surplus of 100 million barrels will accumulate by the end of the year, straining global storage capacity and sending prices to a seven-year low, said Verleger, who correctly predicted in 2007 that prices were set to exceed $100. Supply is outpacing demand by about 1 million barrels a day, he said."