2012 Oil Price Outlook: How to Profit From $150 Oil
2011 was an up-and-down year for oil prices, but don't expect that pattern to repeat in 2012.
No, next year, the trajectory for oil prices will be far more linear - and it's pointed up.
In fact, we could even see $150 oil by mid-summer.
There are two key reasons why:
Despite the economic crisis in Europe, oil demand proved resilient in 2011. It is poised to remain steady in 2012, and then escalate drastically for the foreseeable future.
Supplies will