WTI far from its 2008 $147 peak. Current geopolitical premiums are priced in. Shale output resilience and OPEC+ cohesion negate a surge past $140 by Q4. 95% NO — invalid if major Strait closure.
WTI far from its 2008 $147 peak. Current geopolitical premiums are priced in. Shale output resilience and OPEC+ cohesion negate a surge past $140 by Q4. 95% NO — invalid if major Strait closure.