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Energy Markets & PricesGeopolitics & WarCommodities & Raw MaterialsAnalyst EstimatesMarket Technicals & Flows

Energy stocks were surging as analysts said oil could reach US$150 to US$200 a barrel if the Iran war drags on. The S&P/TSX Capped Energy Index was already up 41.34% year to date, underscoring strong momentum in the sector. The article points to war-driven upside risk for oil prices and a potentially significant boost to energy equities.

Analysis

Energy stocks were surging as analysts said oil could reach US$150 to US$200 a barrel if the Iran war drags on. The S&P/TSX Capped Energy Index was already up 41.34% year to date, underscoring strong momentum in the sector. The article points to war-driven upside risk for oil prices and a potentially significant boost to energy equities.

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