Macquarie: Two More Months of War Could Send Oil to $200 ...Middle East

OILPRICE - Economy
Macquarie: Two More Months of War Could Send Oil to $200
Oil prices could hit a record $200 per barrel if the war in the Middle East drags on through the entire second quarter, analysts at Macquarie Group have warned.  The odds of the Iran war dragging on until June were put at 40% by the analysts in a note carried by Bloomberg. But the scenario of the war ending by the end of March currently appears more plausible, with odds at 60%, according to Macquarie.    “If the strait were to stay closed for an extended period, prices would need to move high enough to destroy an historically…

Hence then, the article about macquarie two more months of war could send oil to 200 was published today ( ) and is available on OILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Macquarie: Two More Months of War Could Send Oil to $200 )

Apple Storegoogle play

Last updated :

Also on site :



Latest News