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US shale firm CEO predicts $80-$100 a barrel of oil through 2024

Oil prices will range between $80 and $100 a barrel this year and next as demand outpaces supply, Scott Sheffield, chief executive officer of top shale firm Pioneer Natural Resources, said on Wednesday, citing output cuts by Saudi Arabia and underinvestment by U.S. producers.
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BBCNEWS World Business Report March 7, 2022 05:31:00

Hello to you, a very warm welcome to the programme. we are looking at the implications of the war in ukraine and what it could mean right around the world. oil prices have soared to levels not seen since 2008, after the us secretary of state, anthony blinken, said the us and its european allies are considering a ban on russian oil imports. brent crude, the global oil benchmark, spiked to above $139 a barrel, its now hoving around $130. but, blinken also stressed the importance of maintaining ste...
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