Barclays on oil – present market dynamics comparatively secure, doesn't foresee main shifts
Barclays has issued a notice suggesting that the re-election of Trump is unlikely to considerably influence oil market fundamentals within the close to time period.
The financial institution believes that present market dynamics are comparatively secure and doesn’t foresee main shifts tied to potential modifications in U.S. management.
Barclays is recommending a protracted place on December 2025 Brent name spreads. The financial institution notes that volatility has lately decreased, and it perceives market sentiment as overly targeted on draw back dangers, or the “left tail.” In distinction, Barclays believes the dangers are extra balanced, particularly in gentle of current enhancements in oil market fundamentals and the opportunity of a extra confrontational geopolitical panorama.
This text was written by Aaron Cutchburt at www.ubaidahsan.com.
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