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CNBC

Oil market signals return to pre-war environment is unlikely

CNBC · Current
CNBC
CNBC
Current

CNBC's Pippa Stevens reports on the oil market signally oil unlikely to return to pre-war prices.

Breakdown
  • Oil prices are down slightly but remain well above pre-war levels 10s
  • Traders see little new information in recent reports 24s
  • The pre-war oil supply cushion is running out 42s
  • Market expects a slow return to normal even if conflict ends 1m 9s
EnergyEconomy