Clean Energy Investor: OPEC+ Breakup Could Send Oil Down To $35 ...Middle East

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Clean Energy Investor: OPEC+ Breakup Could Send Oil Down To $35
source : OILPRICE ( Middle East ) () 13
Slowing global oil demand growth and dissent over crude production policies could lead to a break-up of the OPEC+ alliance, which would send oil prices tumbling to as low as $35 per barrel, a portfolio manager at investing group Clean Energy Transition said on Thursday. “In a declining market, time is your enemy. You have to keep cutting, keep cutting, keep cutting,” Per Lekander, managing partner at the investing group, told CNBC on Thursday.   According to Lekander, the prospect of slim, or negative, oil demand growth…

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