Geopolitical easing may cool crude oil prices, but a return to pre-conflict levels remains unlikely soon. Experts suggest shipping disruptions and elevated insurance costs will keep prices elevated. While optimism is priced in, uncertainty persists, potentially leading to further volatility. Oil marketing companies may see earnings improve, while upstream firms could benefit from reduced windfall tax risks.
Crude oil prices are expected to remain above pre-conflict levels due to ongoing shipping disruptions and high insurance costs, even with geopolitical easing. This persistent elevation could lead to continued market volatility. Oil marketing companies (OMCs) are poised for…
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