Tag: reach
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The Secretary General of OPEC talks to “energy” about the decisions of OPEC +, and will oil prices reach $100? (a dialogue)
Read in this article Engineer Jamal Al-Loughani: OPEC + is taking proactive and preventive measures after a careful reading of the oil market outcomes The new decisions support the stability and balance of the market, especially in light of the uncertainty surrounding the global economy Crude oil prices are determined based on a combination of…
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International Hedge Fund: Oil prices will reach $140
Andurand Capital hedge fund manager Pierre Andurand expected oil prices to reach $140 a barrel by the end of this year (2023). As Andurand indicated – during his participation in the “Financial Times Commodities” global conference in Switzerland – that the recent decline in oil prices due to banking tension is nothing but speculation. However,…
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Russian oil discounts will reach $ 25 on this date
Moscow has devised a plan to impose maximum ceilings on Russian oil discounts, in an effort to control the fallout from Western sanctions following its invasion of Ukraine. The Russian Council of Ministers submitted a bill to the State Duma that limits discounts on Urals crude in the international market, which the government will recognize…