US Not Expecting Oil Prices at $175 Per Barrel - Energy Secretary

NAMPA / Sputnik

2026-03-23

WASHINGTON, March 23 (RIA Novosti) - US Secretary of Energy Chris Wright said on Monday that he does not anticipate oil prices reaching $175 per barrel. "We certainly don't expect that scenario to unfold. I think that's highly unlikely," Wright told CNBC. On Thursday, US Secretary of the Treasury Scott Bessent said that the United States could release another portion of oil from its Strategic Petroleum Reserve to lower prices. On March 11, Int......

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