Tim Guinness Sees Oil Averaging $85 a Barrel in 2008: Video

Tim Guinness, chief executive officer of Guinness Atkinson Asset Management LLC, talks with Bloomberg's Carol Massar from London about the outlook for oil prices, supply and demand, and investment strategy in oil stocks. Crude oil reached a record $100 a barrel yesterday on unrest in Nigeria and as traders increased the odds of a Federal Reserve cut in borrowing costs this month to 100 percent. Bloomberg's Julie Hyman also speaks. (Source: Bloomberg)

Bloomberg | January 3, 2008

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