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Oil Prices Will Soar: Reuters Experts Warn of Important Changes Amid Crisis in Iran
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The price of oil could climb to $120 per barrel in an uphill scenario if the conflict around Iran results in significant supply disruptions, according to a Citi (C) report.In this uphill scenario, with a probability of 20%, oil could skyrocket if the flow of up to 5 million barrels per day is interrupted.The risks that could make this scenario possible include sustained damage to regional oil infrastructure, as occurred in Abqaiq in 2019.Also, t…
OPEC+ decided to increase production by 206 thousand barrels per day, but supply disruptions from Iran and the threat of war could push oil prices up to $100 per barrel, warns Reuters тsn.ua (news 1+1)
On the night of Sunday to Monday, the oil market opens up again for trade – for the first time since the attack on Iran. Experts expect a significant price increase, the consequences could not only be felt by drivers
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