Oil could reach $120/bbl again by winter

WHILE oil and gasoline prices may continue to weaken in the near term, by the time winter season sets in, the market is going to become extremely tight and the per-barrel price of oil should return to around $120, Energy Aspects’ Amrita Sen told Bloomberg Surveillance on Monday.

Oil could reach $120/bbl again by winter Oil could reach $120/bbl again by winter Oil could reach $120/bbl again by winter Oil could reach $120/bbl again by winter Oil could reach $120/bbl again by winter