Oil Prices Could Drop to $30s, US Gas May Fall to $0.60/L as Ukraine-Russia Talks Loom

Fuente: International Business Times

Global crude prices plummet as forecasts warn that a Russia-Ukraine deal could trigger a historic oversupply. (PHOTO: UNSPLASH) Global oil prices have fallen to their lowest levels in four years, driven by mounting optimism over Ukraine-Russia peace negotiations. Traders are increasingly concerned about a looming oversupply, with forecasts suggesting crude could plunge into the $30s per barrel by 2027.