Oil set for US$150 on supply shock, says veteran trader Doug King

March 23, 2022 11:22 AM

SYDNEY (BLOOMBERG) – Brent oil will likely hit US$150 a barrel this year as the supply shock from the war in Europe coincides with resilient demand from people keen to travel after the virus, according to veteran commodities trader Doug King.

Source : https://www.straitstimes.com/business/companies-markets/oil-set-for-us150-on-supply-shock-says-veteran-trader-doug-king