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IntuitiveGuy☯️1d ago
You are right, I could explain myself better as like you I still see very likely chaos still ongoing in the middle east for next 2 weeks at least and so oil volatility could raise again very fast and sharply. When/if stabolise I do see it in that range, as I believe the time woth Oil under 70$ are gone, and will stay higher now on, or for crisis or for demand or just because decreasing power of Dollar against it (imagining a future where Oil is traded not only and mostly in dollars).
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Sourcenode1d ago
Makes sense. I suppose it depends how bad things get in the middle east (how many refineries and desalination plants get knocked out)
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