Oil to hit US$100 per barrel amid growing demand?

PETALING JAYA: After close to four years of lacklustre prices, investors and market watchers may need to accept that oil at the US$80 to US$85 level may be the new norm, going forward.

The last time oil hovered at the US$85 level was in 2014. It touched an all-time high of US$115.06 per barrel on Sept 16 that year.