I heard a rumor that OPEC will go 300 USD / barrel this year ,what do you think ?
Highly unlikely. The only scenario where I see this happening is in case of an European ban from Russia Oli.
This would send the Brent/WTI barrel to the moon because of Europe should anyway buy the displaced Russian oli elsewhere.
As an European, I do hope this scenario will never materialize.
While I partly agree with your argument, I highly doubt it would reach that price this year. You have to think that demand would not remain constant. You have to think that we came from a $60 price a year ago. Now we are at double that price, not that far from an ATH. To reach $300 would be to multiply by 2.5 from this level.
There are many people who would not be able to afford to go to work with those prices, for example. People who used to take the car on the weekend to go to the countryside would stay in the city. Etc. So, I think the more the price goes up, the more difficult it will be for it to keep going up.