Image:
The value of Brent crude broke through $80 a barrel in mid May
Industry commentators remain bullish about the outlook for oil, but warn if prices shoot too high, they could trigger a recession in the US.
Solid emerging market demand, tightening supply and rising geopolitical tensions have sent prices soaring over the past year, with Brent Crude shooting up over 75% from the year lows seen in June 2017...
To continue reading this article...
Join Investment week
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes
