Oil markets could be a month away from the moment of truth. Brace for a ‘non-linear’ price spike and panic buying, analysts warn (opens in new tab)

Covered by 3 sources including Yahoo Finance, Yahoo News

Oil prices could top $130-$140 a barrel next month if the strait remains closed and inventory depletion rates remain steady, according to Capital Economics.

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Covered in 5 articles

Yahoo Finance·

Wall Street may have solved a nagging mystery in global oil markets as doomsday scenarios have yet to arrive

Yahoo Finance·

Oil bosses warn prices will soar in a matter of weeks as inventories near unprecedented lows — ‘I mean really, really low levels’

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Markets are jittery as the global oil crisis bleeds into a global debt selloff, while Trump weighs new military options on Iran

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