Crude oil prices should stay in the triple digits, Kpler’s head of Sweet Crude Analysis Matt Smith told Yahoo Finance. There won’t be a continued downward pressure on oil, according to Smith. “I don’t think that we’re going to see continued downward pressure on oil. I think what we’re seeing in the last couple of weeks in the oil market is this selloff as oil has got swept up in broader market sentiment as we’ve seen a selloff in equities, etc. It’s a risk appetite thing,” Smith told Yahoo Finance. Instead, Smith sees crude oil prices supported by OPEC, because while they are saying they continue to put more oil onto the market, they are failing to boost their exports. In fact, as Smith points out, we’ve seen Saudi Arabia’s exports drop in recent months. So while OPEC is saying they are producing more, “We’re not seeing those barrels […]