Oil prices
Expect a ‘few years of pain’ after 2022, analyst says
Although crude oil prices plunged on Friday, energy costs in the coming years could be a different story, an oil analyst says.
CL=F) crude futures fell 6% to $78/barrel while Brent (.
“We’ve survived a gasoline scare when we were at $5.0165 on June 14th,” Kloza said, adding that he doesn’t see a big move higher for the rest of 2022.
“It will manifest itself, and then maybe we’ll have another move.”.
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