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Why oil prices haven’t shot through the roof—yet
The prospects for a peace deal, falling Chinese demand and some workarounds to the Strait of Hormuz closure have helped to stop crude market from going haywire | World News
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fortune.com
Analysts expected oil to surge above $200 but China has quietly kept prices half of that—and can’t for much longer | Fortune
As the Strait of Hormuz remains closed for the fourth month, “one development stands out: prices have become remarkably calm,” JPMorgan analysts said.
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oilprice.com
The Oil Market Could Be Weeks From a Breaking Point | OilPrice.com
ING estimates Brent could surge to $120–$130 per barrel this summer if Hormuz disruptions persist, increasing pressure on Washington to secure a U.S.-Iran deal and avert a deeper…
