HomeMarketsU.S. EconomyStill a ‘Structural Oversupply’ in Crude, U.S. Drivers Won’t See Big Price Bump

Still a ‘Structural Oversupply’ in Crude, U.S. Drivers Won’t See Big Price Bump

Vikas Dwivedi discusses crude oil and energy markets. “In the end, the oil will flow,” he says in response to tariffs, and thinks the U.S. consumer won’t see too big a price bump. He talks about the energy trading relationship between the U.S. and Canada, and between the U.S. and China. He thinks there is still a “structural oversupply” in crude oil.

Market On Close

05 Feb 2025

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