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ValueWalk
ValueWalk
Oil prices have soared, breaking the $100 per barrel barrier and on their way to the $120-$150 range, analysts say. The jump is triggering recession fears and could derail the economic recovery of several countries, as the Russia-Ukraine conflict rages in Europe with a nuclear world on the table. Q4 2021 hedge fund letters, conferences and more Oil Prices JumpAs reported by CNBC, a note by Sankey Research says that oil prices could skyrocket to $150 per barrel until the Ukraine invasion ceases. A drop in supply could mean the world would edge closer to an economic recession. Expert Paul Sankey…