‘The $100 level is ours for awhile’: Oil won’t be getting cheap anytime soon, no matter what happens in the Gulf
The oil market may soon reach a point where the dust finally settles enough to see the true chaos the eight-month-old conflict in the Middle East and its shipping disruptions have wrought upon the global crude sector.
Key Takeaways
- ‘The $100 level is ours for awhile’: Oil won’t be getting cheap anytime soon, no matter what happens in the Gulf.
The oil market may soon reach a point where the dust finally settles enough to see the true chaos the eight-month-old conflict in the Middle East and its shipping disruptions have wrought upon the global crude sector.
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Published originally on MarketWatch Top Stories
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