Crude Continues To Cruise Higher

Dan Deming joins Oliver to talk about the continued momentum in crude oil. We seeing a rebalancing of the global oil markets as OPEC is expected to increase production at a steady pace which keeps supplies sable and prices are at nearly 3 year highs. Demand is also higher on the strength of the economic recovery and prices will most likely continue towards the $70 per barrel level.

Market On Close

03 Jun 2021

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Crude Continues To Cruise Higher

Dan Deming joins Oliver to talk about the continued momentum in crude oil. We seeing a rebalancing of the global oil markets as OPEC is expected to increase production at a steady pace which keeps supplies sable and prices are at nearly 3 year highs. Demand is also higher on the strength of the economic recovery and prices will most likely continue towards the $70 per barrel level.

Market On Close

03 Jun 2021