Back to News
Market Impact: 0.2
Fesharaki Says Oil's Right Price Is $80-$90
Source: youtube.com
Energy Markets & PricesCommodities & Raw Materials
FGE NexantECA Chairman Emeritus Fereidun Fesharaki said oil should trade at $80–$90 a barrel based on supply and demand and low inventories. He expects oversupply to push prices toward $65–$70 by this time next year.
AllMind Terminal
AI-powered research, real-time alerts, and portfolio analytics for institutional investors.
Request TrialMarket Sentiment
Overall Sentiment
mildly negative
Sentiment Score
-0.20
More News
- Russia to UAE, Iran steps up diplomacy amid Trump threats: What we know
- FTSE 100 today: Stocks slump as global tech rout deepens
- Soaring freight rates give US refiners edge as crude discounts widen
- AI crush is powering one stock to sky-high valuations
- Jobs Boom Meets AI Market Turmoil
- The midterms didn’t stop the AI buildout. They simply repriced it—and OpenAI is already promising to pay up