I heard a rumor that OPEC will go 300 USD / barrel this year ,what do you think ?
I think this rumor is about as useful as people who were predicting that bitcoin was going to be $100,000 by the end of 2021. The war in Ukraine has put pressure on supplies but there is excess capacity that can be ramped up short term. In the medium to long term, if oil stays above $100 per barrel it means a lot more sources are economic to exploit - like many more US fracking sites. These will eventually be brought online and help to stabilize the price somewhat closer to where we are now. There may be spikes but if it goes too high, it'll cause a recession which drops demand too.