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Supply losses could create a 'perfect storm' for oil prices
In a CNBC interview, Energy Outlook Advisors’ Anas Alhajji says reduced exports from the Black Sea and Brazil are tightening oil supply.
TLDR
In an October 6 CNBC interview, Anas Alhajji said oil prices remained around $100 despite increased traffic through Hormuz. He pointed to reduced exports from the Black Sea, Brazil and other non-Middle Eastern producers, along with Houthi disruptions and broader supply declines, as pressures creating a 'perfect storm' for oil markets.
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