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Probis Securities' Jonathan Barratt says oil may get to $80 per barrel

Jonathan Barratt, chief information officer, Probis Securities on Thursday said they are against high oil prices.

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By Manisha Gupta  Aug 30, 2018 2:21:43 PM IST (Updated)

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Jonathan Barratt, chief information officer, Probis Securities on Thursday, in an interview to CNBC-TV18's Manisha Gupta, said, "We have to think that we will get to that $80 level. When you look at West Texas Intermediate (WTI) and Brent, you are already talking for Brent $93."

Barratt said concerns like sanctions against Iran, Nigeria's new oil bill and geo-political risk may move oil to the top side.

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