CNBC | Get ready for $100 a barrel oil and the conflict it represents CNBC It's time to prepare for $100 oil. A price of $150, taking out the 2008 high, may also be a real possibility if events in the Middle East continue to escalate, as we have witnessed in recent days. While I believe that oil, given the vast supplies ... Oil could hit $US100 a barrel in wake of Trump's Iran decision, banks say Oil near multi-year highs as Iran sanctions tighten supply outlook Iranian Oil Squeeze Could Upset OPEC Agreement on Production Cuts |