US shale firm CEO predicts $80-$100 a barrel of oil through 2024

Capt. John

Oil prices will range between $80 and $100 a barrel this year and next as demand outpaces supply, Scott Sheffield, chief executive officer of top shale firm Pioneer Natural Resources PXD.N, said on Wednesday, citing output cuts by Saudi Arabia and underinvestment by U.S. producers. His outlook is...

https://www.hellenicshippingnews.com/us-shale-firm-ceo-predicts-80-100-a-barrel-of-oil-through-2024/

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