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StatePress NG: JUST IN : Oil prices may hit $150 per barrel within weeks — Qatar energy chief warns
9 Articles
9 Articles
The largest gas exporter in the area stops and energy prices fly. Europe burns on the Stock Exchange 918 billion. On Wall Street double threat: high prices and weak economy
Qatar's energy minister Saad al-Kaabi warns that all energy exporters in the Gulf would stop their production within a few days, driving the oil price to 150 US dollars per barrel.
The war in Iran drives oil prices up. Qatar warns of a possible price jump to 150 dollars. At the same time, the US labor market is disappointed with job losses instead of new jobs.
Oil prices rose again after Qatar’s Energy Minister, Saad al-Kaabi, warned that he expects all oil and gas exporters in the Persian Gulf to stop production in a matter of days. Brent crude oil rose to US$89.17 per barrel on Friday, an increase of 4.4% since Thursday’s closing of operations, and Kaabi warned that it could exceed US$200 per barrel if the interruption continues over the next few weeks. (Keep reading...) The entry Oil price records …
Qatar warns oil could hit $150 a barrel if Iran war continues - London Business News
Global oil prices could more than double if the conflict involving Iran persists for several weeks, according to Qatar’s energy minister, raising concerns about a potential global economic shock. Saad… The post Qatar warns oil could hit $150 a barrel if Iran war continues appeared first on London Business News
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