Occidental CEO forecasts $58-$62 Brent for 2026, sees US oil output peaking in 2027-2030Occidental Petroleum CEO Vicki Hollub forecasts the price of Brent crude will hold between $58 and $62 per barrel through 2026, with higher prices expected in the long term, according to a Bloomberg report.Hollub said she remains “very bullish on oil prices — not this year or next, but I'm bullish on oil prices.”The top executive also said that U.S. oil production will likely peak between 2027 and 2030.Hollub said Occidental could more than double its share price within five years if market multiples hold steady, primarily by converting debt to equity.  She added that Occidental  “doesn’t need to do any more acquisitions.” (ICE ALMATY)

Fonte notizia: INTERFAX