Opec plus thinks that the energy crisis in China and Europe is originating because of a shortage of coal and natural gas and has played it safe and stuck to the plan of 400,000 barrels monthly increment, says Vandana Hari, Founder & CEO, Vanda Insights.
What do you make of Opec’s move to stick to the gradual output hike plan? Oil prices have already surged to a seven-year high. Do you expect it to reach the $100 level anytime soon?
