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Experts say oil price could hit US$100 per barrel by end of 2021

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Two fountains of black oil in the shape of up arrows signalling oil price rise

Image source: Getty Images

World-leading oil companies and investment firms are reportedly predicting the price of oil could reach US$100 per barrel by end of the year. No doubt investors in ASX oil shares will be hoping this forecast does, indeed, come to pass.

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