Analyst: Oil prices are expected to remain high until the conflict with Iran ends
Svmuu News Oil prices fell sharply as the United States pushed to end the war with Iran. Ajay Parmar, head of crude oil markets at commodity research firm ICIS, said, "Oil prices will continue to be volatile as the market is influenced by both fundamentals and rhetoric. The fundamentals haven't changed—nearly 10 million barrels per day of crude supply in the Middle East remains disrupted, and until this war ends, we expect oil prices to remain high." (Jin10)
Source:Odaily · Source Link
Disclaimer: This content reflects only the author’s personal views and does not constitute any investment or financial advice. If you discover any content that violates regulations,Click to Report
24H Trending
-
1
What Is CPS? An Analysis of the Crypto Project Behind the Multi-Meaning Acronym and an Assessment of Investment Risks
-
2
BUSD Stablecoin: An Analysis of Its Definition, Rise and Fall, and Current Status
-
3
Korean Shipbuilders Sweep Up LNG, Ammonia Orders as Energy Demand Holds Firm
-
4
Analysis: Bloom Energy (BE) Emerges as Top AI-Power Stock Pick, Reports Over $1 Billion Revenue and $196 Million Net Profit in Q2 2026
-
5
Escalating U.S.-Iran Tensions Push Oil Prices Back Above $80; U.S. Energy Secretary Says No Further Large-Scale Release of Strategic Petroleum Reserve (SPR) Is Expected
-
6
MicroStrategy plans to restore the price of its digital credit product, $STRC, to $99–$100 and reiterates that it has no intention of issuing it below par value.
-
7
Analysts believe that if the crypto market enters a new cycle, a portfolio of Bitcoin, and XRP could outperform the S&P 500 by 2030.
-
8
Baird Analyst Doubles AMD Price Target to $1,250 (155% Upside) After Stock's 10% July Drop, Citing Microsoft's Strong Azure Growth
-
9
US Treasury May Intervene in Yen Market on Friday, Banks Told to Stand By for 'Future Actions' via NY Fed
-
10
TRUMP ON ISRAEL, HAMAS DEAL: BIG STEP FOR MIDDLE EAST
Markets Today
Recommended Reading




