Oil Prices Are Set For A Big Move

Oil Prices Are Set For A Big Move

OilPrice.com

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Energy Markets Escalating tensions between the United States and OPEC+, via Saudi Arabia, have triggered some short-term market swings for oil. But a more powerful market force is about to be unleashed - it’s just that analysts can’t seem to agree on which powerful force will be victorious. On the one hand, the looming recession threatens to restrict demand for crude oil, which would have a significant impact on pricing. On the other hand, if Russia makes good on its promise about the oil price caps, a significant amount of oil supply…

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