Economy optimism may set oil prices at $75 during

Economy optimism may set oil prices at $75 during the summer. The optimism for fast end of the world recession pushes the oil prices. The Crude Oil price rises as the chances for fast recovery of U.S. economy dominates among the news. The Crude Oil prices rises day after day since the end of April when was trading at the levels below $50. The Crude Oil in New York was trading above $65 on Thursday. If the economy starts with the expecting recovery the oil prices will reach $100 for barrel very fast predict Scott Brown energy expert in OPEC may raise few times the production quotes but that will not stop the oil prices rise. The oil may continue rises with target of $75 during the summer. If the optimism for the end of the recession raise the oil prices raise will continue.

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