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Old 29.11.2007, 23:00
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Re: Fuel Price in Zürich

I'm sceptical it'll come down much this winter. Prices will come down a bit, as they've been strongly cyclical lately and there seems to be more oil on the way from KSA currently. A lot of it depends on what OPEC decide on 5th Dec - if they announce that "the market is well supplied" and other rubbish like they have in previous times, then we could see oil above $100/barrel and petroleum prices would follow it upwards. If they announce an increase in production, the market will likely relax a little.

But expect prices >$100 next year for sure. In the bigger picture, it's up all the way from here
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