21 June 2022
Despite the recent large-scale sell-off across most risk assets and a strong US dollar, oil prices remain entrenched above US$100 a barrel for now, driven by supply constraints and geopolitics, but headwinds are beginning to build. In this update, we discuss the current state of the crude market and highlight the issues to keep an eye on during the second half of 2022.
Glenn Wepener, Senior Strategist, Middle East & Africa