Macro Finance
Fesharaki Says Oil’s Right Price Is $80-$90
Bloomberg Markets·November 6, 2026·1 min read
FGE NexantECA Chairman Emeritus Fereidun Fesharaki said oil should trade at $80 to $90 a barrel based on supply and demand and low inventories. He expects oversupply to push prices toward $65 to $70 by this time next year. Fesharaki spoke with Haslinda Amin on "Insight with Haslinda Amin."
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