AN ANALYST at Goldman
Sachs has predicted that
oil prices could rise to
between US$150-US$200
a barrel within two years.
He told the UK’s
Economist three years
ago that oil would breach
US$100 a barrel.
A new Sea-Intelligence analysis warns that resuming Suez transits could release 2.1 million TEU of capacity but may also unleash a wave of congestion at European ports.