I don't think the oil price can hit $100 as it will cause huge inflation which US government and Federal would not like to see. Hence, US can use all its tools such as allowing more shale oil or signing deals with Iran. Lastly, don't forget US has tremendous power in OPEC+, US can let them produce more barrels per day.
Oil could spike above $100 next year, Bank of America says
Oil could hit $100 per barrel next year as demand outstrips supply, according to Bank of America.
Th
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