BusinessPhoto: News18Hi BusinessCrude Oil May Reach $500 per Barrel by 2030, Impact on Fuel Prices
Currency strategist Ulf Lindahl predicts crude oil prices could rise to $140 per barrel by February 2027 and reach $500 per barrel by 2030. He cites potential supply shortages due to a US-Iran conflict and the need to replenish global oil reserves as key factors. This raises concerns about petrol and diesel prices possibly soaring to ₹500 per liter.
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