date:Nov 08, 2018
ew for Bloomberg last September of a scenario where no one should be surprised if the price of a barrel reaches $100. The interruptions in the supply from Iran, Venezuela and Libya, and the time that is necessary for Saudi Arabia to increase its production will be the main reasons behind it.
If we add the changing gasoline consumption regulations, like cutting sulphur oxide emissions as well as further oligopolization of the shipping market, the low freights of 2017 and the beginning of 2018 se