Why oil prices haven’t skyrocketed on Middle East supply fears — yet
Energy analysts have questioned whether oil markets are being too complacent about the risk of a widening conflict in the Middle East.
Energy analysts have questioned whether oil markets are being too complacent about the risk of a widening conflict in the Middle East.
Oil prices could shoot up $20 per barrel if Iranian production sees a hit, said Goldman Sachs.
Supply disruptions increase as fighting in the Middle East intensifies, according to analysts.
Oil markets are being too complacent given the risk of major supply disruptions in the Middle East, analysts told CNBC on Thursday.
Tensions in the Middle East are weighing down investor sentiment, but the recent stimulus unleashed by Beijing is causing a rally in Chinese-related stocks.
Tensions in the Middle East are weighing down investor sentiment, but the recent stimulus unleashed by Beijing is causing a rally in Chinese-related stocks.
For months, traders have largely dismissed the risk of a supply disruption in the Middle East, but the threat is growing.
Oil is rallying as the the Middle East spirals deeper into a regional war.
Markets are braced for a potential Israeli response after Tehran’s missile attack, with up to 4% of global oil supply at risk if Iran’s infrastructure is hit.
“We are likely to see significant increases in volatility and markets that really are whipped back and forth dramatically,” Roach told CNBC’s “Squawk Box Asia.”