RBC Brewin Dolphin's Janet Mui: Energy price volatility is here to stay

Energy price shocks

clock • 4 min read

Just when central banks are at or approaching the end of interest rate hiking cycle, analysts are warming up to the idea of '$100 oil' again.

The rally in the oil prices since June has been mainly driven by the extended production cuts by Saudi Arabia keeping supply tight. More recently, the tragic events unfolding in the Middle East raises the potential for supply disruption. Global investor worries about inflation and central banks are 'rapidly diminishing' Meanwhile, the Energy Information Administration's (EIA) estimate for oil demand for this year has been revised up. It looks like oil consumption will outpace supply for the reminder of the year, so oil prices are likely to remain supported. It is best to avoid t...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Commodities

Charles Stanley Direct: Explaining the gold spike

Charles Stanley Direct: Explaining the gold spike

Reaching a record high

Rob Morgan
clock 05 December 2023 • 4 min read
London Metal Exchange wins legal case against nickel trading suspension

London Metal Exchange wins legal case against nickel trading suspension

Brought by Elliot IM and Jane Street

Elliot Gulliver-Needham
clock 30 November 2023 • 1 min read
RBC Brewin Dolphin's Janet Mui: Energy price volatility is here to stay

RBC Brewin Dolphin's Janet Mui: Energy price volatility is here to stay

Energy price shocks

Janet Mui
clock 21 November 2023 • 4 min read
Trustpilot