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Oil prices will 'destroy' demand until supply goes back up, says ClearView's Kevin Book

Energy Markets & PricesCommodities & Raw MaterialsGeopolitics & WarAnalyst InsightsMarket Technicals & Flows

Oil prices have spiked, prompting analysis of how much further they can rise; ClearView Energy's Kevin Book discusses drivers and potential upside. He highlights effects of higher oil on China and Russia and assesses the status and market role of the U.S. Strategic Petroleum Reserve. The commentary signals continued volatility and sector-level implications for energy markets.

Analysis

Oil prices have spiked, prompting analysis of how much further they can rise; ClearView Energy's Kevin Book discusses drivers and potential upside. He highlights effects of higher oil on China and Russia and assesses the status and market role of the U.S. Strategic Petroleum Reserve. The commentary signals continued volatility and sector-level implications for energy markets.

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