USOIL Price Target for this year

31 בינו׳ 2022

i see a return to the $104 level sooner or later this year caused by the supply concerns and political tensions in Eastern Europe and the Middle East.

There is a possible disruption to European energy supplies because of Russia - Ukraine border crisis.

Crude oil prices will likely stay at the 7 year high since OPEC+ will keep the existing policy of gradual increase of production.

Looking forward to read your opinion about it.