The Oil Market Absorbed the War Shock, but Buffers Are Running Low

WASHINGTON DC, July 17 (IPS) – The largest disruption to the global oil market in decades should have sent prices soaring. But after spiking at the start of the war in the Middle East, crude prices soon settled in a range of $90 to $100 per barrel, much lower than many had feared. Why didn’t prices climb higher? The answer is that a combination of factors helped cushion the initial blow. But much of that room has now been used up.
Read the full story, “The Oil Market Absorbed the War Shock, but Buffers Are Running Low”, on Jogjajateng.com →

WASHINGTON DC, July 17 (IPS) – The largest disruption to the global oil market in decades should have sent prices soaring. But after spiking at the start of the war in the Middle East, crude prices soon settled in a range of $90 to $100 per barrel, much lower than many had feared. Why didn’t prices climb higher? The answer is that a combination of factors helped cushion the initial blow. But much of that room has now been used up.
Read the full story, “The Oil Market Absorbed the War Shock, but Buffers Are Running Low”, on Jogjajateng.com → Hal ini relevan dalam konteks Global.

WASHINGTON DC, July 17 (IPS) – The largest disruption to the global oil market in decades should have sent prices soaring. But after spiking at the start of the war in the Middle East, crude prices soon settled in a range of $90 to $100 per barrel, much lower than many had feared. Why didn’t prices climb higher? The answer is that a combination of factors helped cushion the initial blow. But much of that room has now been used up.
Read the full story, “The Oil Market Absorbed the War Shock, but Buffers Are Running Low”, on Jogjajateng.com → Hal ini relevan dalam konteks Global.

WASHINGTON DC, July 17 (IPS) – The largest disruption to the global oil market in decades should have sent prices soaring. But after spiking at the start of the war in the Middle East, crude prices soon settled in a range of $90 to $100 per barrel, much lower than many had feared. Why didn’t prices climb higher? The answer is that a combination of factors helped cushion the initial blow. But much of that room has now been used up.
Read the full story, “The Oil Market Absorbed the War Shock, but Buffers Are Running Low”, on Jogjajateng.com → Hal ini relevan dalam konteks Global.

WASHINGTON DC, July 17 (IPS) – The largest disruption to the global oil market in decades should have sent prices soaring. But after spiking at the start of the war in the Middle East, crude prices soon settled in a range of $90 to $100 per barrel, much lower than many had feared. Why didn’t prices climb higher? The answer is that a combination of factors helped cushion the initial blow. But much of that room has now been used up.
Read the full story, “The Oil Market Absorbed the War Shock, but Buffers Are Running Low”, on Jogjajateng.com → Hal ini relevan dalam konteks Global.

WASHINGTON DC, July 17 (IPS) – The largest disruption to the global oil market in decades should have sent prices soaring. But after spiking at the start of the war in the Middle East, crude prices soon settled in a range of $90 to $100 per barrel, much lower than many had feared. Why didn’t prices climb higher? The answer is that a combination of factors helped cushion the initial blow. But much of that room has now been used up.
Read the full story, “The Oil Market Absorbed the War Shock, but Buffers Are Running Low”, on Jogjajateng.com → Hal ini relevan dalam konteks Global.

WASHINGTON DC, July 17 (IPS) – The largest disruption to the global oil market in decades should have sent prices soaring. But after spiking at the start of the war in the Middle East, crude prices soon settled in a range of $90 to $100 per barrel, much lower than many had feared. Why didn’t prices climb higher? The answer is that a combination of factors helped cushion the initial blow. But much of that room has now been used up.
Read the full story, “The Oil Market Absorbed the War Shock, but Buffers Are Running Low”, on Jogjajateng.com → Hal ini relevan dalam konteks Global.

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