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OPEC+ Supply Hikes Enough to Prevent Market Overheat, Oman Says

(Bloomberg) OPEC and its allies don’t want crude prices to climb to $100 a barrel, and are reviving production quickly enough to prevent global markets from “overheating,” Oman’s oil minister said. ....

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Oil prices could hit $100 as demand outstrips supply, analysts say

LONDON: Oil prices that rallied 50% in 2021 will power further ahead this year, analysts predict, saying a lack of production capacity and limited investment in the sector could lift crude above $100 a barrel.Though the Omicron coronavirus variant has pushed COVID-19 cases far above peaks hit last year, analysts say oil prices will be supported by the. ....

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Oil prices could hit $100 as demand outstrips supply, analysts say

Oil prices could hit $100 as demand outstrips supply, analysts say
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