Category: Top Stories

  • Banks Hike Oil Price Forecasts, and Some See $150 Crude

    Banks Hike Oil Price Forecasts, and Some See $150 Crude

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    Oilprice.com – Investment banks are scrambling to revise up their oil price forecasts as the Middle East war cripples supply from the most important oil-producing region, with some expecting oil to surge to $150 per barrel or even higher if the Strait of Hormuz remains off limits for tanker traffic for several weeks. Analysts at

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