Geopolitics, lower inventory levels and demand for petroleum distillates, such as diesel and jet fuel all seem to be creating a favouble backdrop for near term oil strength.
However, are elevated oil prices likely to last? How does this also impact some of the Middle Eastern sovereigns that we track quite closely?
In our latest episode of Bank of Singapore Unplugged, join our specialists as they unpack the reasons behind the surge in oil prices and the potential impact on the global outlook ahead.