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Oil price will rise to $ 150 - Woods

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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
See also

Oil prices fall in global market

Gold hits a new record above $3,744 per ounce

US Federal Reserve cuts discount rate to 4–4.25%

Global oil prices continue to rise

Azerbaijan resumes crude oil exports to India

Oil prices keep climbing on world markets

Global oil prices rise again

Global oil prices decline

Oil prices continue to climb in global markets

Oil prices keep rising in global markets

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