No need to panic. Oil prices could drop to $100 a barrel in two weeks: Arun Kumar Singh Chairman & MD, BPCL Posted on March 9, 2022 by cngpump Crude oil prices soared to $139 per barrel on Monday after US Secretary of State Antony Blinken said the US and European allies are considering banning the import of oil from Russia. Related posts: Russia warns West of $300 per barrel oil, cuts to EU gas supply FM expresses concern on rising oil prices; Puri says oil cos to decide on hike Oil companies to determine fuel prices: Hardeep Singh Puri Crude oil shoots higher on US Russian oil ban, Asian shares stabilise Oil see-saws near 14-yr highs as US weighs Russia oil embargo EXPLAINER: What does a US ban on Russian oil accomplish? Mukesh Ambani is stepping in to supply diesel-starved Europe Oil jumpy as US weighs Russia oil embargo without allies OPINION: US bans Russian oil, India needs to pivot EXPLAINER: Why gasoline prices have soared to record highs