The cost of crude oil contracts for next year hit record highs, “implying an extended period of high oil prices deep into 2027,” Deutsche Bank wrote.
Oil prices move higher as traders adjust to a new normal in the Middle East
Submitted 2 hours ago by realcaseyrollins@hilariouschaos.com to finance@thelemmy.club
https://www.nbcnews.com/business/energy/oil-prices-new-normal-gas-midterms-rcna604542