- Why an economic downturn may not weigh on oil prices for long.
- Oil has a long-term inventory issue, and only falling demand will help bring down prices.
- Why oil prices could climb to $130 a barrel or higher in coming quarters.
Oil prices have remained at higher levels since Russia’s invasion of Ukraine. But with the threat of recession growing, what could that mean for crude? Greg Bonnell speaks with Bart Melek, Head of Commodity Strategy at TD Securities, about the outlook for energy markets.
For further details see:
Will A Recession Risk Put Oil's Price Surge In Jeopardy?