LONDON, January 26. /TASS/. World oil prices may exceed $200 per barrel, if there is a lack of investment in new deposits, OPEC’s Secretary-General Abdalla El-Badri said in an interview with Bloomberg news agency on Monday.
“If you don’t invest in oil and gas, you will see more than $200,” he said.
The price of futures for Brent crude was seen to fall by 2.3% to $47.61 per barrel on Monday but recovered to $48.74 per barrel by 6:10pm Moscow time, narrowing its loss to 0.1%.