Oil prices could rise to $100 a barrel by 2019 says Trafigura

Oil prices could rise to 90 dollars per barrel by Christmas and to 100 dollars per barrel by the New Year, Trafigura’s Co-Head of Oil Trading Ben Luckock told a conference on Monday.

This would be an increase from the current eighty something dollars a barrel for Brent crude oil prices due to robust global oil demand, he added. (Reuters/NAN)