$100 oil is ‘quite possible,’ Russia’s Putin says

Putin predicts oil at $100 even as OPEC+ seeks to stabilize global market

Oil prices could reach $100 a barrel, Russian President Vladimir Putin said on Wednesday, adding that Moscow and its partners in the OPEC+ producer group are seeking to stabilize the global market.The Organization of the Petroleum Exporting Countries (OPEC) and allies including Russia, known collectively as OPEC+, last week resisted calls to raise output faster and stuck to their plan for an increase of 400,000 barrels per day (bpd) in November.…

Russia expects the prices reaching $100 a barrel: Energy market wrap

Author: Wed, 2021-10-13 20:31 RIYADH: Russian President Vladimir Putin said oil prices could reach $100 a barrel, adding that Moscow and its partners in the OPEC+ need to agree on global mechanisms on ways to balance energy markets On the other hand, Oil prices won’t be higher in the future, the Iraqi oil minister said at an energy conference in Moscow. “We think the price won’t be higher.”  When asked if OPEC+ should produce more oil than p…

Price of crude oil could ‘quite possibly’ rise to $100 per barrel, despite efforts of Russia & OPEC to stabilize market – Putin

Russia and its OPEC partners are working hard to keep the oil market stable, but it is entirely possible that the price of crude could rise to $100 per barrel, President Vladimir Putin told a Moscow energy conference on Wednesday.Answering a question from a moderator at the annual Russian Energy Week, held near Red Square, Putin said it was “quite possible” that a barrel could cost a triple-digit sum.“It is currently rising in price,” he explain…

Putin predicts oil at $100 even as OPEC+ seeks to stabilise market

Oil prices could reach $100 a barrel, Russian President Vladimir Putin said on Wednesday, adding that Moscow and its partners in the OPEC+ producer group are seeking to stabilise the global market.

Putin says oil price may well rise to $100 per barrel

"The market has stabilized, though we have not yet reached the pre-crisis level of production," the Russian leader also noted

$100 oil is 'quite possible,' Russia's Putin says

Russian President Vladimir Putin said Wednesday that oil prices could well reach $100 per barrel as demand for all energy commodities grows.