Oil (CL=F, BZ=F) prices are expected to dip to the low $60-per-barrel range, similar to levels seen in 2021, as oversupply continues to plague the market. Macquarie Group global energy strategist Vikas Dwivedi joins Asking for Trend host Josh Lipton to discuss how geopolitical events, tariffs, and sanctions are shaping the oil market. To watch more expert insights and analysis on the latest market action, check out more Asking for a Trend here.
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Oil is in a tug of war between sanctions & tariffs, strategist says
Oil (CL=F, BZ=F) prices are expected to dip to the low $60-per-barrel range, similar to levels seen in 2021, as oversupply continues to plague the market. Macquarie Group global energy strategist Vikas Dwivedi joins Asking for Trend host Josh Lipton to discuss how geopolitical events, tariffs, and sanctions are shaping the oil market. To watch more expert insights and analysis on the latest market action, check out more Asking for a Trend here.