Brent could hit $80 by the third quarter as Iran sanctions tighten the market
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Article by:
Jennifer Gnana, The National
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Date Published:
April 23, 2019
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Who was cited:
Dr. Iman Nasseri, Managing Director Middle East
Oil prices could climb as high as $80 per barrel by the third quarter of the year, with Iran’s exports falling to as low as 300,000 barrels per day following the removal of sanctions waivers to Tehran’s oil clients, according to analysts.
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