Crude Oil Price Forecasts: Iraq Oil Minister Ihsan Abdul Jabbar Sees $100 Barrel - Bloomberg

Add Iraq’s oil minister to the list of people discussing oil hitting $100 a barrel again.

Crude prices could hit triple digits for the first time since 2014 in the first half of next year, Ihsan Abdul Jabbar, the oil minister of OPEC’s second-largest producer, said at an event in Baghdad on Wednesday. Russia’s president Vladimir Putin said earlier this month that it’s “quite possible” they will hit $100, while the boss of trading giant Mercuria Energy Group Ltd. said on Monday prices could reach that level this winter.

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October 20, 2021 at 05:33PM
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Crude Oil Price Forecasts: Iraq Oil Minister Ihsan Abdul Jabbar Sees $100 Barrel - Bloomberg
"oil" - Google News
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