Resolved Question: what will be price oil forecast in 2008 and what is the reason for that?

Resolved Question: what will be price oil forecast in 2008 and what is the reason for that?
any strong reason for the forecast of oil industry next year due to economic factors.
Source: answers.yahoo.com

Australia's Exports Slow - Wall Street Journal

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Australia's Exports Slow Wall Street Journal - Dec 6, 2007 The outlook for commodity exports is underpinned by expected global economic growth of 4.6% in calendar 2008, slowing only a little from an estimated 4.8% ... Australia Cuts Commodity Earnings Forecast on Drought (Update3) Bloomberg Macquarie: How is our Economy Really Tracking? egoli.com.au all 62 news articles