Comment on $100 oil is back on the table as OPEC stays strong on tightening production limits

$100 oil is back on the table as OPEC stays strong on tightening production limits

Only a week ago, news surfaced that Saudi officials were quietly hoping to push oil prices up to $80 per barrel, which would help boost the valuation of Saudi Aramco IPO. But why not $100 per barrel? Reuters reports that Riyadh would be fine with prices rising that far.        

 

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