Mar 29th, 2022
IEF's McMonigle: $150 Oil Is Still Possible
OPEC says it still sees no need to adapt oil supply, even as the Russia-Ukraine conflict threatens the biggest market disruption in decades. Meanwhile, crude is sliding again on Tuesday, as China tackles its worst Covid outbreak since the pandemic began. International Energy Forum Secretary-General Joseph McMonigle says “We’re in store for a lot of volatility and higher prices over the next several months. You could see big fluctuations. $150 a barrel is possible.” He speaks to Yousef Gamal El-Din on "Bloomberg Daybreak: Middle East."







