Why a research firm says oil is at a 'breaking point,' and prices aren't coming back down soon [Business Insider]
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Source: Business Insider
Have an account? Log in Oil is entering a cycle in which sustained supply shortages will drive prices higher, HFI Research says. The firm is eyeing plummeting crude inventories around the world. It will take months for oil supplies to return to the market, even after a peace deal, it added. AI-generated summary Summaries are generated by an AI model trained on Business Insider's articles. AI may make mistakes or provide inaccurate/incomplete information. We're unable to load that answer right now. Please try again. What impacts oil inventory draws? How do oil supply shortages affect prices? How long to restore oil supplies post-peace? Why is demand destruction necessary? Why is the Strait of Hormuz significant? Peace between the US and Iran remains elusive, but don't expect oil prices to drop quickly even when a deal is hammered out, according to one research firm. Loading audio narration... HFI Research, an investment research firm focused on energy and c
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