Tag: reach
-
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,…
-
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…