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

2012 oil price outlook