The crude oil prices were hovering below the 100 dollars mark just two months back, but they have started moving back to two year high figures, in the last few weeks. First the unrest in the middle east and other oil producing nations in African region, seem to be only growing with every passing day.
Also the US economy is showing signs of strong recovery , which only means that the crude oil demand would be going up in the coming months. The nuclear disaster in Japan is only making many nuclear power plants to be shut down across the globe, and that would only mean more demand for crude oil in the coming years.

So expect crude oil prices to zoom past the 120 dollars mark in the coming quarter, and if the US economic recovery gathers momentum, then the crude oil prices could even go past the 130 dollars mark by 2011 end.