Oil prices are likely to rise significantly.


The conflict has not lasted long enough for the full impact on oil supply to be reflected in the market. As a result, the effects of any potential shortage have not yet been fully felt.
At present, oil prices largely reflect trading in April contracts. Once actual supply constraints begin to materialize, the market is likely to respond more strongly.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin