oil Prices in the coming years will rise above $100 per barrel because of reduced production and reduced investment in the industry, told The Wall Street Journal a number of American experts and analysts.
According to the investment Director of Northern Capital Trace Trevor woods, by 2025, the cost of a barrel of oil can increase dramatically – up to $ 150.
In an interview with The Wall Street Journal, the expert explained that the decline in investment in oil production can have a strong influence on the oil market. According to his forecast, because of the financial pressures on oil prices may jump to $ 150 per barrel by 2025.
In turn, an analyst at JPMorgan Christian Malek explained that the decline in investment may lead to decline in production, which will lead to the imbalance of supply and demand, and this will require large financial investments. “Can the oil price reach $100 in the next two years? Of course,” said Malcolm.
Other analysts believe that the demand for oil in the near future will remain low, so prices for oil will not grow.
