Pioneer

Crude Oil Expected to Rise to $70-$100 As Supply Growth Remains Constrained

by Greg Hillman | Jun 13, 2023 | Oil Prices, Crude, News, Pioneer | crude oil, diamondback energy, permian

Crude oil prices are set to rise to trade in the $70-$100 range over the next 3-5 years as supply growth remains limited & OPEC+ continues to restrict output.

PIONEER CEO SCOTT SHEFFIELD IS PUTTING A $100 TARGET ON BRENT CRUDE

by Greg Hillman | Feb 23, 2023 | Oil Prices, Crude, Major Players, News, Pioneer | crude, demand, investments, oil and gas pipelines, oil drilling, oil exploration, oil investing opportunities, supply

“Brent will break $90 this summer and climb back up to $100 sometime in the second half of the year.” He expects WTI to be in the low $90s by the end of the year.

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