Even with a durable ceasefire, these factors will support oil prices: BCA
BCA Research says oil’s recent sell-off has largely removed the war premium from prices, leaving the risks skewed to the upside. The firm expects Brent crude to trade in a range of $90 to $110 per barrel. “Oil’s month-to-date selloff has priced out much of the war premium,” BCA wrote. The firm said the decline ...
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