Summary Box: Oil Prices
This Site:en.yinlu.net Source:en.yinlu.net Writer: Time:2007-11-22
WHY THAT MATTERS: Investors closely watch oil supplies in Cushing, Okla., the physical delivery point for Nymex crude. Rising supplies there are seen as a sign a tight market is easing.
WHERE DOES OIL GO FROM HERE? Estimates range from $50 a barrel to $120, or higher. But many analysts think the underlying supply and demand fundamentals don't justify oil prices.
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