Experts believe oil price will hit $100 in 2011

Experts believe oil price will hit $100 in 2011

Experts at prominent American bank Morgan Stanley believe that oil prices will go up to around $100 in 2011, Trend reports.

Carl Larry, president of Oil Outlooks & Opinions LLC made the forecast in an interview with The Washington Post.

He also discussed oil demand, prospects for natural gas and his investment strategy for energy producers.

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