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Oil Might Hit $150 by Year-End

Friday, 30 May 2008 | 12:52 AM ET

Oil prices could surge to $150 a barrel by year-end. Christian Blaabjerg, market strategist at Saxo Bank explains why, to CNBC's Stephen Sedgwick & Maura Fogarty. He also shares his inflation outlook for the U.S. and Eurozone.