Next stop $110 for oil?

February 29, 2008

But some analysts are cautious, pointing to a build-up of U.S. supplies and an expected slowdown in demand as signs the current price of oil is too high. Few, however, predict oil will fall to the $90 a barrel area before rising to $110.SPEAKER: Ray Carbone, president, Paramount OptionsConway Gittens reports from New York.