Analysts do not rule out oil rising to $150 a barrel by 2025

 
Sputnik news Agency, July 10, 2020 - According to the Wall Street Journal, some experts believe that international oil prices could rise above $100 a barrel again.
 
London commodity hedge fund company (MatildaCapitalManagementLtd.) Founder RichardFullarton believes international oil prices will rise above $100 a barrel by the end of 2020.
 
Richard Fullerton said: "We will never run out of oil reserves. The only question is whether to use the method to approach the bottom.
 
Trevor Woods, an investment manager at a hedge fund in Northern Capital, says: "The squeeze on funding is going to be very severe." "It's hard for some producers to keep producing," he said.
 
Mr Woods added: "It could easily be $150 a barrel by 2025."
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