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Oil surges with $150 prediction amid Gulf supply threat, Ed Krassenstein warns

Oil surges with $150 prediction amid Gulf supply threat, Ed Krassenstein warns
Oil surge on Gulf export risk

Oil and gas prices are sharply rising, with Gulf producers potentially halting exports, according to Ed Krassenstein.

The tweet states that Qatar expects all Gulf energy exports to shut down within weeks, which could push oil prices to $150 a barrel. U.S. gas prices have reached an average of $3.32 nationwide.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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