Money and business

Oil prices .. I know the latest developments and future expectations for analysts


Decreased with more than two dollars a barrel, amid indications to calm geopolitical tensions in the Middle East, which reduced concerns about . />

The analysts’ expectations vary between optimistic and pessimistic about the future of prices Oil , amid the intense military conflict between Israel and Iran, which rose at about 7% of the oil prices on Friday. "GB Morgan"If the worst possibilities are achieved, it extends the military conflict in the Middle East and the closure of The Strait of Hormuz , this may push oil to a range between 120 and 130 dollars a barrel. "Ing barings"And Warren Patterson, who said that the Iranian supplies of approximately 1.7 million barrels per day may push the oil market from the surplus to deficit during the second half of this year, so we may witness a sharp rise in the Brent crude price to $ 80 a barrel.

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