CIBC chief economist Jeff Rubin predicted that oil will regularly sell for above $100 a barrel as early as next year, as increasing demand from developing nations continues to outstrip declining supplies. “The bottom line is we’re in the bottom of the ninth inning of the hydrocarbon age,” he said. (MarketWatch)
The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
-
It Was Just an Accident: a ‘striking’ attack on the Iranian regimeThe Week Recommends Jafar Panahi’s furious Palme d’Or-winning revenge thriller was made in secret
-
Singin’ in the Rain: fun Christmas show is ‘pure bottled sunshine’The Week Recommends Raz Shaw’s take on the classic musical is ‘gloriously cheering’
-
Holbein: ‘a superb and groundbreaking biography’The Week Recommends Elizabeth Goldring’s ‘definitive account’ brings the German artist ‘vividly to life’
