US EditionOil Price Could Exceed $100 per Barrel, Says Analysts of the Largest Global Banks - hotnews.ro
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Energy analysts and large investment banks predict an increase in oil prices to $90 this week, with the possibility of reaching the $100 threshold on the barrel if...
A longer-term increase in oil prices could reduce economic growth
Energy experts and investment banks are predicting a sharp rise in oil prices due to the conflict in the Middle East. The price per barrel is expected to reach $90 this week, with a serious chance of breaking the $100 mark if supply disruptions through the Strait of Hormuz continue. The United States and Israel attacked Iran over the weekend, and Tehran retaliated with strikes on US military bases in the region. Investment bank Citigroup expects…
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