Browsing Tag

oil prices

2 posts
global trade chokepoint crisis

Can the Global Economy Survive a Strait of Hormuz Closure?

A month-long Strait of Hormuz shutdown could send oil into triple digits while stranding 55 tankers and freezing $1.3 billion in daily energy flows.
will 59 hold

Crude Oil Weekly Forecast 09/11: Can $59 Survive? (Chart)

Crude oil’s descent accelerates as supply floods the market and $59 support crumbles. The path to mid-$50s is now alarmingly clear.