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Oil price will rise to $ 150 - Woods

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Oil price will rise to $ 150 - Woods

Oil prices could rise to $ 150 by 2025.

Axar.az reports that the statement came from Trevor Woods, head of Northern Trace Capital, in an interview with the Wall Street Journal.

According to him, the decline in investment in oil production will have a strong impact on the oil products market.

Woods said that due to such financial pressures, oil prices will rise to $ 150 by 2025.

Date
2020.07.10 / 11:31
Author
Axar.az
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