Oil prices could go as high as $100 a barrel next year on the back of “very easy monetary policy” and reflation trade, Amrita Sen, chief oil analyst at Energy Aspects, told Bloomberg in an interview. “It’s a futures market, we always discount stuff that’s going to happen in the future, now. That’s why prices are […]

Did the ‘Reddit-Raiders’ suddenly shift their crosshairs onto the energy complex? The last few days have seen WTI Crude surge over 6%… …topping $55 this morning for the first time since Jan 2020. Source: Bloomberg The catalysts for the move is uncertain amid mixed data from OPEC – on the bullish side, compliance with planned cuts […]