This Is the Goldilocks Price for Oil
Oil
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Article by:
Andreas Exarheas - Rigzone
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Date Published:
July 13, 2023
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Who was cited:
James Davis, Director of Short-Term Global Oil Service & Head of Upstream Oil - FGE
The goldilocks price for oil is around $70 per barrel.
That’s FGE’s view, according to James Davis, the Director of Short-Term Global Oil Service & Head of Upstream Oil at the company, who told Rigzone that “the problem right now is that the world thinks it needs a higher price”.
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