Jardine Mckenzie-Oil `Super Spike` to push crude to US$100 a-barrel-soon

Released on = July 31, 2007, 9:35 am

Press Release Author = David White

Industry = Financial

Press Release Summary = Tokyo - The US$100-a-barrel oil that Jardine Mckenzie have
been predicting could be just months or even weeks away.

Press Release Body = Tokyo - The US$100-a-barrel oil that Jardine Mckenzie have been
predicting could be just months or even weeks away. Gary Jones, head energy analyst
at Jardine Mckenzie said "unless OPEC suddenly cut output or dealing inventories
began to rise US$100 oil looks certain"

He went on "We are just one significant news headline away from US$100-a-barrel.
2006 has seen unrelenting demand disruptions in Nigeria and Iraq and possibilities
of a military strike in Iran."

Benchmark crude oil futures ended last week at US$75.57 a barrel on the New York
Mercantile Exchange.

Edward Lawson, Senior Vice President Corporate Trading, added "the sky's the limit,
given the right circumstances oil could triple in 3 months to US$200 a barrel.


Web Site = http://www.jardinemckenzie.com

Contact Details = David White
3 London Rd
Croydon
CR1 1RP

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