Optimal Oil Prices: The Sweet Spot Lies Between the Mid-$80s and Mid-$90s

Optimal Oil Prices: The Sweet Spot Lies Between the Mid-$80s and Mid-$90s

The energy sector grapples with uncertainty as traders prioritize current fundamentals while demand weakens during the approaching low-demand season.

The energy sector has recently experienced a series of fluctuations that have sent ripples through the global market. These fluctuations are predominantly tied to the losses in crude oil and diesel, which have raised questions about the sector’s stability.

Amidst this uncertainty, experts are closely monitoring the market focus, which alternates between the risk of a not-yet-realized supply disruption from the Middle East and weakening fundamentals as we enter the low-demand season.

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