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Last Update : Thu. 6th Nov., 2008 06:45 IST
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Super spike oil analyst predicts $ 200 per barrel
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[Thu. 23rd Oct. 2008]
Arjun Murti remembers the pain of the oil shocks of the 1970s.
But he is bracing for something far worse now: He foresees a "super spike" - a price surge that will soon drive crude oil to $200 a barrel.
Murti, who has a bit of a green streak, is not bothered much by the prospect of even higher oil prices, figuring that it might finally prompt the world to become more energy efficient.
An
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