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Oil prices could possibly hit $150 per barrel in 2023 or 2024, says Bernstein

Oil prices could possibly hit $150 per barrel in 2023 or 2024, says Bernstein

Neil Beveridge of Bernstein says $150 per barrel oil is a possibility in 2023 or 2024. He says an increase in oil demand as the world reopens after Covid, coupled with very lackluster supply could trigger exceptional prices.

CNBCOct 17, 2021

Oil Price Forecast

Morgan Stanley Hikes Its Summer Oil Price Forecast to $94 | OilPrice.com

Morgan Stanley Hikes Its Summer Oil Price Forecast to $94 | OilPrice.com

Macquarie Sees

Citi Cuts Brent Oil Price Forecast to $74 in 2024 on Ample Supply | OilPrice.com

Citi Cuts Brent Oil Price Forecast to $74 in 2024 on Ample Supply | OilPrice.com

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The story behind oil's plunge

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