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Oil Prices Prediction Sparks Panic as Crude Hits Over $100 per Barrel: Could It Surge Past $200 This Month?

Oil Prices
International Business Times Fews App News Provider
Fews App Post Time ha 9h

Oil prices have surged past $100 per barrel this week, driven by sharp daily gains that have sent investors scrambling for clarity. Brent crude was trading at approximately $107 per barrel on 8 March 2026, marking a notable spike in global energy markets. Short-term forecasts by TradingView show aggressive bullish momentum, with projections suggesting oil futures could climb by more than 50% over the next five days and potentially reach over $206 within a month.

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