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Monday, March 2, 2026

Oil prices could drop to the $70 range after this winter as current levels are unsustainable, OPEC+ member says

Oil prices could see a steep drop after this winter, as current levels are unsustainable, according to Oman’s energy minister Salim al-Aufi. “We don’t believe that the current prices are sustainable comfortably,” the OPEC+ member told Reuters at the United Nations Climate Change Conference on …

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