Oil Prices Could Rise to $100 Per Barrel, Raising Gas Prices Further
- Financial markets now see oil as a "buy" with $100/b in sight due to tightening fundamentals
- Russia and Saudi Arabia could raise US gasoline prices ahead of November elections
- Global oil demand growing at one of the fastest rates in 20 years, not peaking
- Ukraine's attacks on Russian refineries could drive up product prices further
- OPEC+ may release more oil if prices rise much beyond $90/b