Speaking at a strategy presentation in Deauville, Alexey Miller, Gazprom chief executive, said: “Today we witness a very great change for hydrocarbons, the level is very high and we think it [the price of oil] will reach $250 a barrel.”
A company spokesman specified that Gazprom believed that level would be hit in 2009.
The prediction is substantially higher than those being made by analysts, who see oil prices in 2009 ranging between $100 and $200 a barrel.
Tuesday, June 10, 2008
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