Adam Rozencwajg, managing partner at Goehring & Rozencwajg, shares his thoughts on the oil market, explaining why the Iran war hasn’t been as disruptive as many initially expected.
In his view, a developing bottleneck in refining could be the catalyst that ramps up pressure.
“Where do prices go from here? I suspect higher — I don’t think we’re out of the woods,” he said.
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Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.