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Oil Prices Likely to Head Higher

Mon 07 Jun 10 | 06:40 PM ET
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Oil Prices Likely to Head Higher

Mon 07 Jun 10 | 06:40 PM ET
Oil prices could head north of $85 by the end of this year, predicts John Licata, chief commodity strategist at Blue Phoenix and editor of the Commodity Chronicles. He tells Neil Carter of Macquarie Funds Group & CNBC's Oriel Morrison what is supporting higher oil prices.

Topics:

Commodities  | Analyst  | Commodities Basic Resources
 
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