This was reported by The Wall Street Journal.
Thus, Richard Fullarton of the London investment fund Matilda Capital allows oil prices to rise to over $ 100 per barrel by the end of 2020, writes TASS.
“We will never run out of oil to the end. The only question is whether to use the means to get to her, ”said Fullarton.
In turn, Trevor Woods of the Northern Trace Capital hedge fund notes that "the pressure of underfunding will be very serious," he said, "it will be really difficult for some manufacturers to continue production."
“The $ 150 a barrel can easily be reached by 2025,” Woods added.
Earlier, Vyacheslav Kulagin, director of the Center for the Study of World Energy Markets at the Institute for Energy Studies of the Russian Academy of Sciences, assessed the situation in the oil market in an interview with FBA “Economics Today”.