Post Tagged with: "strong rally"

Source: CNBC

$100 oil? Analysts share their price forecasts after a strong rally in the first half of 2021

CNBC


Oil prices surged more than 45% in the first six months of 2021, rallying toward $80 a barrel for the first time in more than two and a half years.

Analysts on Wall Street believe there is potential for

Source: Reuters

Column: Oil prices no longer especially cheap after strong rally – Kemp

Reuters


LONDON  – Oil prices are no longer particularly cheap by historical standards.

Perceptions about prices tend to be over-influenced by recent experience so current prices feel very low to producers used to receiving $60-80 per barrel over the 2018/19 …