Goldman Sachs Group (NYSE: GS) has raised its Brent Crude average oil prices for the years ahead. The firm has increased its price forecasts to reflect a continued tightening of global crude oil supply and demand fundamentals. Here are the new price targets:
- 2008 average raised to $117.40 from $108.00;
- 2009 to 2010 will average $140.00 (from $110.00) in 2009 and 2010 will be the peak at $150.00 average;
- 2011 average will slide back to an average of $140.00;
- 2012 average appears to be all the way down to $85.00 (from $75.00).
Jon C. Ogg
June 19, 2008
Travel Cards Are Getting Too Good To Ignore (sponsored)
Credit card companies are pulling out all the stops, with the issuers are offering insane travel rewards and perks.
We’re talking huge sign-up bonuses, points on every purchase, and benefits like lounge access, travel credits, and free hotel nights. For travelers, these rewards can add up to thousands of dollars in flights, upgrades, and luxury experiences every year.
It’s like getting paid to travel — and it’s available to qualified borrowers who know where to look.
We’ve rounded up some of the best travel credit cards on the market. Click here to see the list. Don’t miss these offers — they won’t be this good forever.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
Our expert who first called NVIDIA in 2009 is predicting 2025 will see a historic AI breakthrough.
You can follow him investing $500,000 of his own money on our top AI stocks for free.