Oil Market – Recent Trends and Outlook
Faisal Hasan, CFA – Head of Investment Research, KAMCO Investment Co.
Published: 8 November 2018 08:52
Oil prices continue to stay elevated above the USD 80/b mark, the highest level in the last four years, led by tightening supplies in the global oil market. Supply-side factors once again continue to sway oil prices as it did in 2014 when crude prices started declining as US shale players pumped oil unabated.