Arab News | World's biggest traders see oil at $65-$100 a barrel next year Arab News World's biggest traders see oil at $65-$100 a barrel next year. Traders expect oil storage tanks worldwide to start emptying amid reduced global supplies caused by sanctions against Iran as well as other factors. (Shutterstock). Updated 11 October 2018. OPEC oil output to average 32.46 million b/d in 2018, 32.14 million b/d in 2019: EIA World's top traders divided on oil outlook as Iran sanctions loom Iran gets creative to beat sanctions and keep oil flowing |