bullish

Crude Oil

Vanda Insights Bulls & Bears: Near- And Short-Term View on Oil Prices

Vandana has highlighted this Insight as a Top Pick
255 Views21 Mar 2022 09:34
SUMMARY
  • The start of Ukraine-Russia peace talks have yanked Brent crude down from 10-year highs of around $128 on March 8 to $108 as of Friday.
  • But there is a risk premium of at least $18 still embedded in crude prices, which will evaporate only with a rapprochement and ceasefire in the Ukraine war.
  • In this report, we assess the net impact of the bullish and bearish forces on crude in the very near term and the next couple of months.
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Vandana Hari
Founder & CEO. Oil markets macro-analysis.
Vanda Insights
EnergyCommoditiesThematic (Sector/Industry)
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