Petrobras' Costa Says Oil Prices to R...

Petrobras' Costa Says Oil Prices to Rise Again, Valor Reports

There are 1 comment on the Peak Oil story from Oct 27, 2008, titled Petrobras' Costa Says Oil Prices to Rise Again, Valor Reports. In it, Peak Oil reports that:

Oil prices will rebound because of scarce supply, said Paulo Roberto Costa, head of refining at Petroleo Brasileiro SA, Brazil's state-controlled oil company, the Valor Economico newspaper reported.

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Brett Maxwell

Sacramento, CA

#1 Oct 31, 2008
Yes it is happening already! I know Petrobras stocks will rebound back to $70's in few months from now.

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