Oil Rebounds On Suez Outage ...Middle East

Economy by : (OILPRICE) -
The Suez Canal traffic jam, caused by a cargo ship that ran aground on Tuesday, has driven oil prices higher as supply fears grow.In this week's Global Energy Alert, our trading team delves into how an inflationary environment will impact oil stocks. Sign up today to get breaking news, expert analysis, and trading tips.Friday, March 26th, 2021Oil has bounced around with significant volatility this week, dragged down by slow vaccinations, lockdowns, and speculative outflows, but pushed back up on Suez Canal bottlenecks. Analyst sentiment is also…

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