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Market Views: Will crude oil soar past $80 a barrel?

Ernest Chan
Crude oil prices have surged to three year highs, hitting $77.7 per barrel on May 10. We asked six experts whether this trend will continue and what it means for Asian investors.
Market Views: Will crude oil soar past $80 a barrel?

After dropping to this year's low of $62.7 on February 13, the price of Brent Crude, the benchmark for global oil purchases, has increased by around 24% to $77.7 per barrel. Another widely tracked benchmark, West Texas Intermediate (WTI) price has also climbed 21% in the same time period to $71.6.

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