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Oil Prices Could Hit $150 If War Continues Through End of March
Summary by Oil Price
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3 Articles
Oil Prices Could Hit $150 If War Continues Through End of March
Oil prices could soar to $150 per barrel or more if the Middle East war continues until the end of March, Kpler says, as the conflict escalates with Iran intensifying attacks on energy infrastructure in the region. “With this huge outage of supply it is just a matter of time where prices really catch up with the fundamentals here and we just see how bad things are,” Amena Bakr, Kpler’s Head of Middle East and OPEC+ Insights, told CNBC Internat…
·London, United Kingdom
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If the Middle East crisis drags on into the summer, the price of oil could at worst rise to $150 and there will be many kinds of disruptions in production chains, estimates the chief economist at the Market Council.
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Total News Sources3
Leaning Left0Leaning Right0Center1Last UpdatedBias Distribution100% Center
Bias Distribution
- 100% of the sources are Center
100% Center
C 100%
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