Oil to Retreat to $50-$60 in H2
- Previous Video: Tom Gardner, The Motley Fool co-founder and CEO
- Next Video: USD Will Lose Lead as Reserve Currency
Airtime: ET
Oil faces downward pressure going forward, says David Johnson, head of oil and gas for Asia at Macquarie Securities, speaking to CNBC's Chloe Cho and Rebecca Meehan. He expects oil to fall to $50-$60 when the peak driving season ends and U.S. stock inventories rise.
- Previous Video: Tom Gardner, The Motley Fool co-founder and CEO
- Next Video: USD Will Lose Lead as Reserve Currency
About CNBC | Site Map | Privacy Policy | Terms of Service | Video Reprints | Advertise | Help | Contact
Partners: AOL Money | BloggingStocks.com
Partners: AOL Money | BloggingStocks.com
Data is a real-time snapshot *Data is delayed at least 15 minutesGlobal Business and Financial News, Stock Quotes, and Market Data and Analysis
© 2009 CNBC, Inc. All Rights Reserved.
A Division of NBC Universal
