Wald: Middle East Risks Keep Oil’s Risk Premium in Place
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Ellen Wald, president of Transversal Consulting and nonresident senior fellow at the Atlantic Council Global Energy Center, says she sees no recent move by the president that could materially bring down oil prices. She says short-lived dips driven by statements or social media have not lasted, and the market has largely shed expectations that the conflict will soon end. Wald says oil-market buffers built up over the prior six months are nearly exhausted, while reported oil flows through the Strait of Hormuz—including ship-to-ship transfers—may not be sustainable. She speaks with Joe Mathieu on Bloomberg’s "Balance of Power." -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X:
Tags: Atlantic Council, Diesel, Donald Trump, Ellen Wald, Iran, Joe Mathieu, Middle East, Oil, Saudi Arabia, Transversal Consult, diesel prices, houthis, military, missiles, oil barrels, oil market, oil prices, russia, trading
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