Buy Crypto
Pay with
USD
USD
Buy & Sell
Hot
Supports Visa, Mastercard, SEPA & more
P2P
0 Fees
Flexible trading, zero fees
Gate Card
Use your crypto for payments worldwide
Markets
Trade
Basic
Advanced
Futures
Futures
Access hundreds of perpetual contracts
CFD
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Earn
Launch
CandyDrop
tag
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Investment
Square
Square
Post, share, and explore crypto trends
Live
moments live
Live crypto market analysis
Chat
Chat with crypto traders
News
What is happening in crypto
flower_head
More
Promotions
AI
Others
TradFi
Gate Card
Rewards
Square
Latest
Hot
News
Profile

Economist: Even if the US and Iran reach an agreement, oil prices this year will struggle to return to pre-conflict levels

金色财经_
robot
Abstract generation in progress
Golden Financial reports that on May 25th, Shane Oliver, Chief Economist at Australian wealth management firm AMP, stated that even if the United States and Iran reach an agreement, global oil prices are unlikely to return to pre-conflict levels this year. He pointed out that ships passing through the Strait of Hormuz again will take some time, and the market may incorporate higher risk premiums to account for potential future supply disruptions. Before the conflict, WTI crude oil traded at about $67 per barrel. Oliver estimates that, considering the additional risk premium, WTI crude oil could be around $80 per barrel by the end of the year, while Brent crude oil might be around $85 per barrel at that time. "If the nuclear issue is not resolved, oil prices will be even higher," he said. (Jin10)
BZ0.15%
View Original
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
Add a comment
Add a comment
No comments

  • Pinned

Sitemap