Economic·Bloomberg·3d agoGlobal
Analyst: No Quick Fix for High Oil Prices
Ellen Wald says market buffers are nearly exhausted
Negative1 min readImportance
AI Summary
Energy analyst Ellen Wald says no recent presidential move can materially lower oil prices, as six-month market buffers near exhaustion and Strait of Hormuz flows may be unsustainable.
Keywords
oil pricesStrait of Hormuzenergy marketsoil supplygeopolitical conflict
