Oil Prices Need Real Impact on Flows for Sustained Increase

A sustained increase in oil prices would necessitate a tangible effect on supply flows, according to a recent analysis. Bloomberg posted on X, highlighting that while current market conditions show some upward movement, a lasting rise in prices would depend on significant changes in the flow of oil. The analysis suggests that without a substantial shift in supply dynamics, the current price trends may not hold. This perspective comes amid ongoing discussions about global oil supply and demand, as well as geopolitical factors influencing the market.