Factors Contributing to the Expected Rise in Oil Prices
Tuesday, 2 July 2024, 16:35
Oil Price Outlook
Oil prices, currently around $73 per barrel, have been on an upward trajectory
Expert Insights
Hussein Allidina, MD and Head of Commodities at TD Asset Management, sheds light on the reasons behind the expected price surge
- Supply and Demand Dynamics: Factors like inventory draws and increased summer driving contribute to the positive outlook
- Market Analysis: Allidina forecasts a favorable trend in the near future
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.