UBS Expects Crude To Reach $105

Crude prices to climb due to supply disruptions Crude prices are expected to keep climbing as long as Strait shipping remains restricted. The current dip in oil demand is attributed to supply disruptions and consumer destocking rather than high prices. Bren

Crude prices to climb due to supply disruptions

Crude prices are expected to keep climbing as long as Strait shipping remains restricted.

The current dip in oil demand is attributed to supply disruptions and consumer destocking rather than high prices.

Brent futures were up ~1% at $103.52 at press time, indicating a potential rise in crude prices.

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