Oil prices may per chance rapidly ‘spike’ in direction of $one hundred a barrel no topic OPEC and Russia, strategist says

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An attendant sits at a closed Petroleos de Venezuela SA (PDVSA) gas build in Caracas, Venezuela, on Friday, Sept. 22, 2017.










Wil Riera | Bloomberg | Getty Photos

An attendant sits at a closed Petroleos de Venezuela SA (PDVSA) gas build in Caracas, Venezuela, on Friday, Sept. 22, 2017.

OPEC kingpin Saudi Arabia is determined to ascertain oil prices trading round recent levels, one strategist told CNBC Monday, but a total shutdown in Venezuelan production may per chance rapidly suggested shameful futures to skyrocket in direction of $one hundred a barrel.

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