Currency strategist sees oil at $140 by February 2027, $500 by 2030
Currency Research Associates says oil at $95 a barrel is cheap and could rise to $140 by the end of February 2027 and potentially reach $500 by 2030, citing Iran-war supply disruption and a difficult production recovery.
Oil prices at $95 a barrel is cheap and could climb to $140 a barrel by the end of February 2027 and potentially touch $500 by 2030, as the supply disruption caused by the Iran war collides with an increasingly difficult production recovery, according to Currency Research Associates, a leading bout…