Why a major rally in crude oil looks unlikely
Last year looked topsy-turvy in terms of crude oil prices. Immediately after the Russia-Ukraine war, NYMEX crude oil prices skyrocketed to a 14-year high, but substantially corrected later…
Browsing Tag
crude oil outlook
Why crude oil prices are back to pre-Russia-Ukraine war levels
There seems more to the easing of oil prices than just recession fears. Oil dropped below $100 per barrel earlier this week and remained under pressure. The market mood cooled and has moved…