Crude Oil is Underpriced, Energy Aspects Says
Oil futures prices are disconnected from reality on the ground in the Middle East and should be trading closer to $150 a barrel for some physical crude prices, Amrita Sen, founder and director of market intelligence at Energy Aspects, told CNBC on Friday. The market is surprisingly complacent against the intensity of the hostilities in the Middle East as the Iran-aligned Houthis target Saudi energ
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