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Moneycontrol Pro Panorama | Could oil prices climb to $150?

For Moneycontrol Pro Panorama June 16 edition: Crude oil prices surged 18% after Israel attacked Iran. Despite fears, OPEC+ has enough spare capacity to offset potential disruptions to Iran’s oil supply

June 16, 2025 / 14:40 IST
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Crude Oil,

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Crude oil prices have surged by nearly 18 percent following Israel's attack on Iran. Oil prices are approaching their six-month highs as the conflict between the two countries continues. The significant increase in oil prices over the past three trading days has been the largest since the Russia-Ukraine conflict in 2022.

Analysts have rapidly provided their forecasts, with predictions for prices ranging from $65 to $150 per barrel, depending on various scenarios.