Oil Spikes Amid Middle East Conflict Escalation

Ho Pei Hwa, Regional Energy Analyst, DBS Bank

11-Oct-23 07:30

Oil Spikes Amid Middle East Conflict Escalation

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On Monday, oil prices recorded their highest jump in six months in reaction to the escalation of conflict in the Middle East. We discuss with Ho Pei Hwa, Regional Energy Analyst, DBS Bank whether the price rally is temporary and other factors that will influence oil markets for the remainder of the year.

Image credit: Shutterstock.com

Produced by: Moh Heng Ying

Presented by: Shazana Mokhtar, Wong Shou Ning, Keith Kam

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Categories: economy, markets

Tags: oil price, oil markets, hamas, israeli-palestinian conflict,

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