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‘The $100 level is ours for awhile': Oil won't be getting cheap anytime soon, no matter what happens in the Gulf

Source: marketwatch.com

Geopolitics & WarEnergy Markets & PricesCommodities & Raw MaterialsTransportation & Logistics
‘The $100 level is ours for awhile': Oil won't be getting cheap anytime soon, no matter what happens in the Gulf

The article says the oil market may soon become clearer about the effects of an eight-month-old Middle East conflict and related shipping disruptions on the global crude sector. It provides no quantified supply, price, or market impact.

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