HomeMarketsFuturesOPEC+ Needs Oil at '$80-$90' Dollars a Barrel; U.S. Can Sell Cheap
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OPEC+ Needs Oil at '$80-$90' Dollars a Barrel; U.S. Can Sell Cheap

OPEC+ Needs Oil at '$80-$90' Dollars a Barrel; U.S. Can Sell Cheap

Brian Kessens gives his outlook for crude oil after its recent sell-off. He looks at OPEC+ companies, saying they need “$80-$90 dollars” a barrel prices to shore up their own finances. He notes that the U.S. has advantages in energy production and exportation, and expects longer-term contracts to be resigned “as a result of the tariffs.”

Morning Trade Live

08 Apr 2025

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