
MacroVoices #316 Daniel Lacalle: Energy in the New War Economy
Macro Voices
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Crude Oil - What's Next for Oil Bulls?
Crude oil has rallied a little bit too much for the inflationary backdrop and other non gea political factors that we had in play. Patrick, it's going to be entirely event driven. This is now about gea politics. The tension that we're seeing is just the beginning of a new era. And i think that oil prices are headed much higher. But the trading is much harder now, because you really have to be banking on a g a political view which is inherently very difficult to anticipate or predict.
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