Oil market is 'underestimating' this key factor that may lift oil prices above $140 this year, says a top hedge fund manager

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 43 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 97%

日本 ニュース ニュース

日本 最新ニュース,日本 見出し

Oil could top $140 this year if Asian economies fully reopen from COVID-19 lockdowns, hedge fund manager Pierre Andurand said in an interview with Bloomberg

That’s hedge fund manager Pierre Andurand, who said in an interview with Bloomberg that oil prices could top $140 a barrel this year if Asian economies see a full reopening.

— Pierre Andurand, Andurand Capital That’s hedge fund manager Pierre Andurand, who said in an interview with Bloomberg that oil prices could top $140 a barrel this year if Asian economies see a full reopening. In Friday dealings, front-month March Brent crude traded at $79.59 a barrel, up 90 cents, or 1.1%, for the session, with prices poised for a weekly loss of more than 7%.In a December report, the International Energy Agency said it was expecting total oil demand of 99.9 million barrels a day for 2022 and 101.6 million barrels a day for 2023, which would imply an increase of 1.7 million barrels for this year.

In a Dec. 29 Twitter thread, he said global crude-oil demand could see a bigger surge than traders and analysts have penciled in for 2023 as China’s economy fully opens and the world puts the COVID-19 pandemic behind it.

このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 3. in JP
 

コメントありがとうございます。コメントは審査後に公開されます。

Or it could drop like a stone, replaced by cheaper and more reliable renewables

China China China

$impp

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Asian Stock Market: Recovers firmly as US Manufacturing PMI drops, oil witnesses carnageMarkets in the Asian domain have witnessed decent demand tracing the recovery in S&P500, recorded on Wednesday. The United States equity domain witnes
ソース: FXStreetNews - 🏆 14. / 72 続きを読む »