bullish

Crude Oil

Bulls & Bears: Near-Term and Short-Term View on Oil Prices

405 Views02 May 2022 11:25
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SUMMARY
  • Demand concerns from Covid outbreaks and lockdowns in China have emerged as a challenge to the sustained bullish momentum in oil on account of supply fears.
  • However, as the Ukraine war festers, the disruption and drop in Russian oil and gas supply may have some more way to go before hitting a peak.
  • We weigh the near- and short-term key bullish and bearish influences on benchmark crude prices.
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Vandana Hari
Founder & CEO. Oil markets macro-analysis.
Vanda Insights
EnergyCommoditiesThematic (Sector/Industry)
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