Russian Expert: Global Oil Prices May Short-Term Drop to $100, Long-Term Rise to $160

GateNews

2026-03-10 07:30:48

Gate News reports that on March 10th, Russian expert Ikbal Guliyev stated that in the coming days, if the Group of Seven makes a positive decision to release additional reserves, oil prices (international crude oil futures prices) could drop to $100 per barrel. However, the market will then face geopolitical risks again, and actual supply may experience shortages. Guliyev believes that if the supply shortage persists long-term, oil prices could reach $150-160 per barrel.

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