As gas prices continue to notch new record highs on a daily basis, the culprit couldn't be more clear. No, it's not Putin's fault, despite President Biden and his administration's
Premium Content
Brent Back Above $69 As Bullish Sentiment Holds By Josh Owens - Mar 12, 2021, 2:00 PM CST
Despite a strong U.S. dollar, there is an unmistakably bullish sentiment in oil markets as demand comes back online and the vaccine rollout continues.
In this week s Global Energy Alert, our trading team delves into how an inflationary environment will impact oil stocks.
Friday, March 12th, 2021
Oil prices regained lost ground towards the end of the week, as tight supplies are forcing a global drain in inventories. “Overall, we are bullish on oil demand continuing its upward trajectory in tandem with vaccine programs and the resumption of economic activities,” Bjornar Tonhaugen of Rystad Energy said in a statement.