Geopolitical Risk Premium Could Send Oil Prices To $120

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Geopolitical Risk Premium Could Send Oil Prices To $120

There are already plenty of oil bulls out there, but another one has just joined them. Strategist David Roche said this week oil could hit $120 per barrel in case of a n invasion in e. The e situation has been in the spotlight for weeks now, and one might argue that if  wanted to invade, it would have done so already, supporting the argument with the fact that  stands to gain nothing but risk a lot with such a move. On the other hand, it is a fact there are n troops and military equipment near the border with...

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