Oil Is Going To $100, According To Experts

Oil recently settled into a consumer-friendly pattern; it fell as low as $56 last December. That is over for now. JPMorgan says crude could go to $120. In a note to clients, Natasha Kaneva, head of global commodities research, said "international Brent benchmark could surge to as high as $120.†MarketWatch reported he also said if the war in the Gulf reaches the point where supplies slow toward zero, "Brent could trade in the $100-.†That could be in as little as three weeks. Wood Mackenzie had a similar fore ...