US Energy Secretary Chris Wright said on Thursday that it is unlikely that global oil prices will reach $200 per barrel. According to him, the current situation in the energy market does not point to such a scenario. Wright emphasized that the administration is closely monitoring prices and is ready to take action to ensure stability. He also noted that the US continues to work with international partners to maintain a balanced supply of oil in the global market. "We do not expect oil prices to reach the $200 per barrel mark," Wright said.
US Energy Secretary Says Oil Prices Unlikely to Reach $200
US Energy Secretary Chris Wright said on Thursday that it is unlikely that global oil prices will reach $200 per barrel. According to him, the current situation in the energy market does not point to such a scenario. Wright emphasized that the administration is closely monitoring prices and is ready to take action to ensure stability.