Global Investing Roundups
June 11, 2008 at 08:50 AM EDT
Gazprom Sees $250 Oil; Kenya Goes on $25 billion Spree; Vietnam Jacks Interest Rates to 14%; Oil Demand Slowing; U.S. Trade Gap Widens; Brazilian SWF; 3G iPhone Bobbles Apple Stock; XTO to Buy Hunt Petroleum -Natural gas firm, Gazprom OAO ( OTC: OGZPY ) predicts oil would top $250 per barrel by the end of 2009, Chief Executive Alexei Miller said yesterday (Tuesday), speaking before reporters in France. Gazprom is the largest global gas producer with a market capitalization of over $330 billion, Reuters reported. The Russian firm expects to triple in size to become a $1 trillion company within the next seven…