Chances of $100 a barrel of oil high, by Reuters

Chances of $100 a barrel of oil high, by Reuters
Chances of $100 a barrel of oil high, by Reuters

© Reuters. BlackRock’s New York headquarters outside. Photo from the Reuters archive

RIYADH (Reuters) – The odds of oil reaching 100 per barrel are high, Larry Fink, CEO of BlackRock, the world’s largest asset manager, said on Tuesday.

Fink, who was speaking at the Future Investment Initiative conference in Saudi Arabia, also called for more cooperation between the public and private sectors to address global challenges such as climate change.

It fell 28 cents to $85.71 a barrel by 0757 GMT, erasing gains made earlier in the day, but still close to its highest levels in years.

(Press coverage by Davide Barbushia and Saeed Azhar – Prepared by Mahmoud Salama for the Arabic Bulletin)

Explanation of the risks: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn’t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.


Chances barrel oil high Reuters

For Latest Updates Follow us on Google News

PREV Egypt .. a doctor gets half a million pounds through the “Corona virus”
NEXT President Sisi assures Boris Johnson of Egypt’s full support for British efforts in climate issues