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How tech is driving Deloitte NZ s consulting growth engine
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Le plus gros lobby pétrolier des Etats-Unis fait sa révolution verte
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Exxon exposed: Greenpeace tricks top lobbyists into naming senators they use to block climate action
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Oil may hit $100 but volatility will also grow, say energy CEOs
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June 22, 2021 © igorkol ter / Adobe Stock
Benchmark oil prices could hit $100 a barrel and price volatility could also grow due to lower investments and the energy transition, the heads of top energy companies said on Tuesday. There is quite a chance to reach $100 but we could see again in the coming years some lows as we have been accustomed to volatility, TotalEnergies Chief Executive Patrick Pouyanne said at the Qatar Economic Forum.
Crude prices climbed on Tuesday to a more than two-year high above $75 a barrel. We re probably going to see both $50 and $100 oil, don t ask me about sequence though, Royal Dutch Shell CEO Ben van Beurden told the event.