Probability of Oil Prices Rising to $100 Is Increasing

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<p>This week, Saudi energy minister Prince Abdulaziz bin Salman visited Moscow to discuss plans for oil production in the context of the Israeli-Palestinian conflict. The Russian president announced that Saudi Arabia and Russia’s production cuts are “likely” to continue. Meanwhile, Magid Shenouda, deputy chief executive of commodities trading giant Mercuria, told the industry conference in […]</p>
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